China Responds With 125% Tariffs, Slams U.S. for ‘Bullying Tactics’
The ongoing trade tensions between the U.S. and China just escalated—again. On Friday, China announced it will slap steep new tariffs of up to 125% on American-made goods, directly answering the latest round of tariff hikes introduced by President Trump earlier this week. Trump had increased tariffs on Chinese imports to 125%, adding to an…