Trade war escalates as China says it will raise tariffs on US goods to 125%
Written by Black Hot Fire Network on April 11, 2025
BEIJING (AP) — China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown.
While U.S. President Donald Trump paused import taxes this . . .
