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China Raises Tariffs to 125% on U.S. Goods, Calls Trump’s Strategy “a Joke”
Beijing Responds Forcefully to Latest U.S. Increased Tariffs In a dramatic escalation of trade tensions, China has increased tariffs on U.S. goods to 125% in response to former President Donald Trump’s move to raise duties on Chinese imports to 145%. Calling the American strategy “a joke,” China’s Finance Ministry condemned the unilateral…
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