China lifts tariffs on US goods to 125% as trade war escalates

11/04/2025 14:31 France 24

China announced Friday it would raise tariffs on US goods to 125 percent, further escalating the trade war that risks halting exports between the world’s two largest economies. Beijing’s retaliation triggered renewed market turbulence, with stocks fluctuating, gold prices soaring, and US government bonds facing pressure.

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