China Raises Retaliatory Tariffs On US Imports To 125%

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China has increased its retaliatory tariffs on goods imported from the United States from 84% to 125%, according to a statement released by the State Council Tariff Commission on Friday.

However, Beijing indicated that it does not plan to raise these tariffs on US goods beyond the 125% level, as stated by a spokesperson from the Commerce Ministry.

“The successive imposition of excessively high tariffs on China by the US has become nothing more than a numbers game, with no real economic significance. It merely further exposes the US practice of weaponizing tariffs as a tool of bullying and coercion, turning itself into a joke,” the spokesperson said.

China Raises Retaliatory Tariffs On US Imports To 125%

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