18 Articles
18 Articles
Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war
Hong Kong (CNN) — Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comments on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.The tariff hike is the latest in a tit-for-tat battle between the world’s two largest economies, after Trump raised tariffs on China to 145%. However, China has indicated it does not intend to go higher than 125%, saying it would be meaningl…
China hits back at Trump's tariff hike with 125% duties on U.S. goods
Beijing on Friday increased its tariffs on U.S. imports to 125 per cent, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145 per cent, raising the stakes in a trade war that threatens to upend global supply chains.
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