China has announced a significant increase in tariffs on goods imported from the United States, raising the rate to 125%. This follows a previous increase to 84% on Wednesday, April 9th, and now aligns China’s tariffs with the current 125% levy imposed by the US on Chinese products.
This latest trade development comes after US President Donald Trump’s recent announcement of a 90-day pause on higher tariffs for many countries. However, the US proceeded with increasing tariffs on Chinese goods to 125%.
Earlier in April, President Trump had introduced a baseline tariff of 10% on all countries, while indicating higher rates would be applied to nations he deemed “worst offenders.” He explained that while the elevated rates would be temporarily suspended for 90 days, a “reciprocal tariff” of 10% would be in effect during that period.
Despite this temporary reprieve for other nations, Trump emphasized that the tariff on China would still rise to 125%, citing what he described as China’s “lack of respect that China has shown to the world’s markets.”
