China has started exempting certain U.S. goods from its steep 125% tariffs, aiming to soften the economic damage from the ongoing trade war. The Chinese government is also asking local companies to list essential U.S. imports that cannot be sourced elsewhere, signaling a willingness to reduce trade tensions. This move comes after Washington’s recent efforts […]
U.S. goods
China responds with 125% tariffs on U.S. goods amid trade tensions
On April 11, 2025, China announced it would raise tariffs on U.S. goods to 125%. This response is part of the ongoing trade war. China stated it would ignore any future U.S. tariff increases. The Chinese finance ministry argued that such measures no longer make economic sense for importers. The announcement followed a week of […]