Trade War Escalates: China Raises Tariffs on American Goods to 125%

RKS NEWS
RKS NEWS 0 Min Read
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China has announced a new tariff of 125% on American imports.

This is an increase from the 84% tariff declared on Wednesday. It matches the current 125% tariff imposed by the U.S. on Chinese goods, reports BBC, as conveyed by Rks News.

Beijing is also facing a 145% tariff on some of its goods imported into the U.S.

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