China Escalates With 125% Tariff On U.S. Imports
April 11th, 2025I wonder if some sort of kabuki theater is about to take place, complete with fake origin labels and warehouses in lower tariff countries…
Via: ZeroHedge:
Around the close of Hong Kong trading hours, Beijing retaliated against President Trump’s tariffs by hiking levies on U.S. goods to 125%, up from the prior 84%. In a notable shift, the Chinese Communist Party announced it would “no longer respond” to any further tariff increases from Washington.