Trump hikes China tariff to 125%
The US president’s decision came shortly after Beijing announced a retaliatory tariff increase Read Full Article at RT.com
The decision comes shortly after Beijing retaliated against Washington’s previous tariff rise
US President Donald Trump has raised the tariffs on Chinese goods to 125% in response to retaliatory measures imposed by Beijing earlier on Wednesday.
In a post on his Truth Social platform, Trump wrote that “based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.”
He expressed hope that Beijing would realize that “ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.”
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