China hits back at US and will raise tariffs on American goods from 84% to 125%
submitted 8 months ago by lexacon
submitted 8 months ago by lexacon
- China has increased tariffs on U.S. goods to 125%, while the U.S. has raised tariffs on Chinese goods to 145%, escalating the trade war between the two countries.
- The ongoing tariff increases have caused market uncertainty and fears of a global economic slowdown, with both sides denouncing each other's actions and promising countermeasures.
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