China’s Customs Tariffs Commission has announced today that it will increase its customs duties to certain US imports from 84 %to 125 %, which has been valid as of April 12, 2025, climbing the commercial tension between the world’s largest economies.
China will increase the customs duty imposed on US imports as retaliation to 125 %.
The decision came as a direct response to the US’s move to increase the customs duties on Chinese goods to the same 125 %. The Chinese Ministry of Commerce said that the US exports to China will no longer be commercially applicable and that many American products will actually be excluded from the Chinese market.
“It is no longer commercially applicable”
China signaled in a harsh language that he did not intend to step back or negotiate under the current conditions.
The Tariff Commission stated that “the US will not take into account the increase in customs duties”, and Washington’s additional customs duties increases would not lead to mutual reaction, because US goods will already be priced from the Chinese market.
Growing US-China Trade Tension
This latest development points to a sharp climb in the trade dispute that has determined the US-China economic relations for years.
A series of uncertain customs duties will be valid for American imports, and analysts expect key sectors such as agriculture, automobiles and technology to feel this effect.
*It is not an investment advice.
For special news, analyzes and on-achain data Telegram Our group, Twitter Our account and Youtube Follow our channel now! Moreover Android ve IOS Start Live Price Tracking by downloading our applications!
Source: https://www.bitcoinsistemi.com/abd-ve-cin-arasinda-gerilim-tirmaniyor-trumpin-hamlesine-cinden-misilleme-geldi-iste-detaylar/
