China raises tariffs to 125% in retaliation to US hike; Xi calls for EU unity against US 'bullying'

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Posted by NewAdmin on 2025-04-11 08:45:23 |

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In a sharp escalation of the ongoing US-China trade war, China has retaliated strongly to the latest round of tariffs imposed by the United States. The Chinese finance ministry announced on Friday that it will raise additional tariffs on select American imports from 84 percent to a steep 125 percent. This move comes in direct response to US President Donald Trump's earlier decision to levy a 145 percent tariff on certain Chinese goods, marking a significant intensification in the economic standoff between the two global powers.

China's finance ministry, in a statement released through state media and quoted by Reuters, warned that if the US continues to violate China's economic interests, it will not hesitate to respond with more aggressive countermeasures. The statement emphasized Beijing’s resolve, declaring that China would "fight to the end" if provoked further. The announcement underscores the Chinese government's stance that it will not back down in the face of what it describes as unjustified and unilateral US actions.

The impact of these moves is being felt across global markets, which have seen increased volatility amid the uncertainty surrounding international trade. Analysts note that the mutual escalation of tariffs could further disrupt global supply chains and add inflationary pressure, particularly on consumer goods in both countries.

Meanwhile, Chinese President Xi Jinping has reached out to the European Union in an attempt to form a broader front against what he described as US "bullying." In a meeting with EU leaders, Xi called for China and Europe to fulfill their shared responsibilities in defending the multilateral trading system and resisting unilateralism. This diplomatic overture indicates Beijing's efforts to forge alliances and reduce its reliance on US markets at a time of rising geopolitical tensions.

The latest developments mark a significant turning point in the global trade landscape, as the tit-for-tat tariffs threaten not only bilateral trade but also the broader international economic order. Observers are now closely watching how Washington will respond and whether diplomatic channels can ease the spiraling tensions.

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