China to Raise Tariffs on US Goods to 125%
April 11, 2025
China will increase tariffs on American goods to 125% starting Saturday, a move announced by the finance ministry. The Chinese president called for cooperation with the EU to resist pressure from the U.S. The Spanish prime minister emphasized the need to restore trade balance with China while warning that trade tensions should not hinder relationships. These developments add uncertainty to international markets due to the ongoing trade war.