Source link : https://capital-cities.info/2025/06/11/africa/algeria/china-slaps-125-tariffs-on-us-goods-dismissing-trumps-hikes-as-a-joke/
China Imposes Steep 125% Tariffs on US Imports Amid Rising Trade Conflict
In a striking escalation of the ongoing trade dispute, China has announced an unprecedented increase in tariffs on American products, setting duties at an extraordinary 125%. This decisive action is a direct countermeasure to the tariff hikes previously enacted by the Trump administration—measures that Beijing has openly ridiculed as economically unfounded. Experts warn that this sharp rise in tariffs will reverberate across multiple industries, notably agriculture, automotive manufacturing, and technology sectors. The move threatens to deepen tensions between U.S. exporters and Chinese importers while disrupting established commercial ties.
The primary sectors impacted by these new tariffs include:
- Agricultural Commodities: Exports of soybeans and corn are expected to decline sharply due to increased costs.
- Automotive Industry: Higher tariffs may discourage Chinese consumers from purchasing American-made vehicles.
- Technology Products: U.S. electronics firms could face intensified competition as domestic Chinese manufacturers capitalize on price advantages.
Category | Previous Tariff Rate | Current Tariff Rate | |
---|---|---|---|
Agricultural Goods | 25% | 125% | |
Automobiles | 15% | ||
Product Category | Previous Tariff (%) | New Tariff (%) |
---|---|---|
Agricultural… |
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Author : Mia Garcia
Publish date : 2025-06-11 00:51:00
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