China retaliates with 125 per cent tariffs against US imports, says more tariffs by Trump will be a joke
Friday, 11 April 2025 () China retaliated against the US tariff hikes by increasing its own levies on American imports to 125%, while simultaneously expressing a willingness to engage in dialogue with Washington to resolve the trade dispute. Despite the tariff increase, China asserted that further US tariffs would be economically illogical and vowed to take firm countermeasures to protect its interests. Beijing emphasized that any negotiations must be based on equality and mutual respect.
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
Reacting to the White House's statement claiming China now faces up to 245 per cent tariffs on imports to the US, Chinese Foreign Ministry spokesperson Lin Jian... DNA
US President Donald Trump on Thursday expressed confidence about reaching a "very good" trade deal with China, even as the US imposed steep tariffs of up to 245... Zee News
On April 2, Trump had announced what he has been calling reciprocal tariffs on imports from dozens of countries. He said the fresh taxes were needed to fix trade... DNA
Friday, 11 April 2025 ()
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