China Hits Back Hard, Escalates Trade War With 125% Tariffs on U.S. Goods
China is 'not scared' of the USA, according to Xi Jinping
China has raised tariffs on U.S. imports to 125%, retaliating forcefully against President Trump’s latest tariff hike and escalating a trade war that is now shaking global markets.
Beijing’s announcement follows Trump’s decision to raise tariffs on Chinese goods to 145% earlier this week. In a statement, China’s Ministry of Finance condemned the U.S. act…
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