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China to raise tariffs on US goods to 125 percent, ignore further US tariff hikes

( April 11, 2025, 08:21 GMT | Official Statement) -- MLex Summary: China will increase the additional tariffs on all goods imported from the US to 125 percent, effective April 12, as announced today by the State Council, China's cabinet. The statement added that, given the lack of market acceptance for US goods exported to China under the current tariff levels, China will disregard any further tariffs imposed by the US on Chinese goods exported to the US.The statement follows:...

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