China strikes back with 125% tariffs on U.S. goods, starting April 12
U.S. and Chinese flags and a “125% tariffs” label are seen in this illustration taken April 10, 2025. Dado Ruvic | Reuters China on Friday retaliated against U.S. President Donald Trump’s reciprocal tariffs by raising its levies on U.S. goods to 125% from 84%, according to a statement from the Customs Tariff Commission of the … Read more