China to raise retaliatory tariffs on US goods to 125%

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China to raise retaliatory tariffs on US goods to 125%

China hits back at Donald Trump, raising tariffs on US goods to 125% from 84% as the Asian and US markets plunge.

This follows the US president announcing a 90-day pause on additional tariffs for most countries but raised those on China to 145%, a move which Beijing has described as "trade blackmail".

Read more: https://news.sky.com/story/trump-tariffs-stock-markets-china-trade-war-latest-live-13209921

#skynews #china #usa #tariffs #trade #trumptariffs

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Date: April 11, 2025