How US-China tariffs reached sky-high levels in 3 months
Saturday, 10 May 2025 () US and Chinese officials are set to meet in Switzerland amidst escalating trade tensions. Retaliatory tariffs have crippled exporters, with US duties on Chinese goods at 145% and China's on US goods at 125%. President Trump hinted at tariff reductions if China makes concessions, while China demands the tariffs be cancelled before talks.
China's exports to the US sink but beat forecasts as tariffs bite
The data, which arrives just ahead of tariff talks between Washington and Beijing, shows a diversion of Chinese goods away from the United States.
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