U.S. Escalates Trade War: Trump Imposes 145% Tariffs on China

Trump administration raises tariffs on Chinese imports to 145%, escalating trade war. China retaliates with 84% duties. Global markets brace for economic fallout. Apr 10, 2025 Photo: EFE
April 10, 2025 Hour: 5:56 pm
Trump administration raises tariffs on Chinese imports to 145%, escalating trade war. China retaliates with 84% duties. Global markets brace for economic fallout.
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China Fights Back and Raises Tariffs on U.S. Products to 84%
U.S. Imposes 145% Tariffs on Chinese Imports
The Trump administration announced a drastic increase in tariffs on Chinese goods on Thursday, April 10, raising duties to 145%—a 20-percentage-point jump from the 125% rate President Donald Trump had declared just days prior. White House officials confirmed the new rate, citing China’s alleged “lack of respect toward global markets” as justification.
Reciprocal Tariffs Escalate Tensions
This move follows Washington’s April 2 announcement of “reciprocal tariffs” on imports from other nations, with a base rate of 10%. These tariffs are tailored to match half of what partner countries charge on U.S. imports. The latest hike adds to existing U.S. duties on Chinese automobiles, steel, and aluminum exports.
China Retaliates with 84% Tariff Hike
In response, China escalated tensions on Wednesday, April 9, by raising its additional tariff rate on U.S. imports to 84%. The Asian powerhouse’s retaliation came hours before Trump’s revised 145% tariff announcement, deepening the trade confrontation between the world’s two largest economies.
Economic Showdown Intensifies
The tit-for-tat measures mark a new peak in the U.S.-China trade war, with both sides refusing to back down. Analysts warn that the unprecedented tariff rates could disrupt global supply chains, inflate consumer prices, and destabilize international markets.
Autor: MLM
Fuente: Sputnik - Agencies