Amidst ongoing tensions between the United States and China, Beijing has just announced a significant increase in tariffs against the US, raising them from 84 percent to 125 percent effective immediately. This move comes as a response to the US’s recent tariff hikes, and Beijing has made it clear that it will not hesitate to ignore any further increases imposed by Washington.
The news of the escalating trade war sent shockwaves through global markets, with European stocks plummeting in response. Live pictures from the Frankfurt Stock Exchange of Germany’s DAX stock index captured the immediate impact of Beijing’s announcement, turning what had started as an optimistic day for investors into one filled with uncertainty and volatility.
The United Nations trade agency has warned that these tariffs will have catastrophic consequences for developing nations, further highlighting the far-reaching implications of the trade tensions between the world’s two largest economies. China has shifted the blame onto the US, stating that Washington should bear full responsibility for the global economic turbulence that is now unfolding.
As the trade war between China and the US continues to escalate, the ripple effects are being felt far beyond their borders. The international community is closely watching as the two economic powerhouses engage in a battle of tariffs, with no clear end in sight.
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Video “China raises US traiffs from 84% to 125% | DW News” was uploaded on 04/11/2025 to Youtube Channel DW News