China has announced a 125% tariff on U.S. imports in response to the U.S. raising duties to 145%, escalating the ongoing trade war. Chinese officials criticized the U.S. move as economic bullying, while global economists warn of wider impacts on trade, markets, and consumer prices worldwide.
Beijing — China announced sweeping new tariffs on American imports Friday, raising duties to 125% in direct retaliation to the U.S.’s latest tariff hike.
The move follows President Trump’s decision to increase levies on Chinese goods to 145%, further intensifying the long-running trade standoff. China’s Ministry of Finance condemned the U.S. actions as “unilateral bullying” and a violation of global trade norms.
“These measures go against economic logic and international rules,” the ministry said in a statement, vowing to defend China’s interests.
Chinese President Xi Jinping, speaking alongside Spain’s prime minister, warned that “trade wars produce no winners” and called on Europe to resist economic coercion.
The new Chinese tariffs, effective April 12, will target a broad range of U.S. products, including cars, electronics, and agricultural goods.
Economists warn the escalating dispute could drag down global growth and hit consumers on both sides with higher prices.
