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China takes countermeasures, raising tariffs on US goods to 125%
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World
China takes countermeasures, raising tariffs on US goods to 125%
The US and China trade war has escalated further- Beijing has raised reciprocal tariffs to 125% on US goods. The move comes after Asian markets slumped, following a poor show by Wall Street. Kristina Simich reports.
April 11, 2025
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