In the midst of an escalating trade war between China and the United States, Beijing has decided to raise tariffs on US goods to a staggering 125%. This move comes in response to President Donald Trump’s global tariffs that have been putting pressure on China and other countries.
In retaliation, the US has imposed a 145% levy on some of the goods imported from China. This tit-for-tat escalation in tariffs is a sign of the growing tensions between the two economic powerhouses.
Chinese President Xi Jinping has called on the European Union to stand with Beijing in opposing what he called “bullying” from the US. He emphasized that a tariff war would ultimately have no winners, as it could lead to detrimental consequences for both countries involved.
Despite the heated rhetoric and increased tariffs, President Trump remains optimistic about the possibility of reaching a deal with China. He expressed his hope that both countries can come to an agreement that benefits them both in the long run.
As the trade war continues to escalate, the impact on global markets and economies remains uncertain. Both China and the US will need to navigate these turbulent waters carefully to avoid further escalation and potential economic fallout.
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Video “China raises tariffs on US goods to 125% as trade war ramps up | BBC News” was uploaded on 04/11/2025 to Youtube Channel BBC News