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China Raises Tariffs on US to 125% and Says It Won’t Go Higher

  • China has raised tariffs on U.S. Goods from 84% to 125%, beginning April 12, as part of an escalating trade war that has impacted markets and raised recession fears.
  • U.S. President Donald Trump has imposed 145% tariffs on China, prompting further retaliatory actions, including increased U.S. Tariffs on agricultural products worth roughly $145 billion.
  • Chinese leader Xi Jinping stated there are no winners in a tariff war, while a Chinese finance ministry statement suggested this increase might be the last, calling U.S. Tariffs a joke.
  • A senior economist warned that the risk of a global recession is rising due to the ongoing tit-for-tat tariff increases between the two largest economies.
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El Quintana Roo MX broke the news in on Thursday, April 10, 2025.
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