China Raises Tariffs on U.S. Goods by 125% , Calls Trump’s Trade Moves “Meaningless Numbers”
Tensions between the U.S. and China hit a new peak as Beijing announced a steep 125% tariff on American imports, effective this Saturday.
Chinese officials dismissed further U.S. tariff thr£ats, claiming that buying American goods at current rates is no longer economically viable.
Beijing criticized President Trump’s trade strategy as a “numbers game” devoid of substance and squarely blamed Washington for recent global market instability. China also confirmed plans to lodge a formal complaint with the World Trade Organization.
In response, Trump doubled down, raising tariffs on Chinese products to 145% despite a partial 90-day freeze on some other levies. He shrugged off market volatility, claiming the economic pain is temporary and that his approach would ultimately strengthen the U.S. position.
European leaders, including Ursula von der Leyen and Emmanuel Macron, voiced concern and hinted at potential retaliation if talks with the U.S. collapse. Meanwhile, Chinese President Xi Jinping urged the EU to present a united front against what he called unilateral and reckless trade tactics.
As uncertainty spreads, global stock markets took another hit, with gold soaring above $3,200. In a sign of shifting alliances, countries like Canada, Vietnam, and Pakistan have initiated trade discussions with Washington, hoping to navigate the chaos.
Experts now warn that the world’s two largest economies are locked in a deepening trade conflict—with no resolution in sight.