{"id":18729,"date":"2025-04-11T09:34:19","date_gmt":"2025-04-11T09:34:19","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/china-says-its-raising-tariffs-on-u-s-goods-to-125\/"},"modified":"2025-04-11T09:34:19","modified_gmt":"2025-04-11T09:34:19","slug":"china-says-its-raising-tariffs-on-u-s-goods-to-125","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/china-says-its-raising-tariffs-on-u-s-goods-to-125\/","title":{"rendered":"China says it&#8217;s raising tariffs on U.S. goods to 125%"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"fed-official-says-no-generic-playbook-for-economy-woes-amid-trump-tariffs--hero\" title=\"Video: Fed official says \" no=\"\" generic=\"\" playbook=\"\" for=\"\" economy=\"\" woes=\"\" amid=\"\" trump=\"\" tariffs=\"\" data-sort-time=\"1744332839000\" data-update-time=\"1744332839000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/fed-official-says-no-generic-playbook-for-economy-woes-amid-trump-tariffs\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Fed official says &#8220;no generic playbook&#8221; for economy woes amid Trump tariffs<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">04:16<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>China said Friday it was raising tariffs on U.S. goods from 84% to 125%, the latest development in the escalating trade war between the two countries. It said the higher tariffs would take effect on Saturday.<\/p>\n<p>&#8220;The U.S.&#8217;s imposition of abnormally high tariffs on China seriously violates international economic and trade rules, basic economic laws and common sense, and is completely a unilateral bullying and coercion,&#8221;\u00a0<a href=\"https:\/\/gss.mof.gov.cn\/gzdt\/zhengcefabu\/202504\/t20250411_3961823.htm\" target=\"_blank\" rel=\"nofollow noopener\">a statement<\/a>\u00a0put out by China&#8217;s commerce ministry said.<\/p>\n<p>President Trump&#8217;s universal tariffs on China now total 145%, the Associated Press reported. Mr. Trump did not include a 20% tariff tied to the country&#8217;s role in fentanyl production in his announcement on Wednesday, the AP said.<\/p>\n<p>China&#8217;s Commerce Ministry also said Friday that it had filed another complaint with the World Trade Organization over U.S. tariffs, the Reuters news agency reported.<\/p>\n<p>&#8220;On 10 April, the United States issued the Executive Order, announcing a further increase of the so-called &#8216;reciprocal tariff&#8217; on Chinese products. China filed a WTO complaint against United States&#8217; latest tariff measures,&#8221; a statement from the Chinese mission said, according to Reuters.<\/p>\n<p>The three main European stock indexes, after initial marginal gains, slumped after China&#8217;s announcement.<\/p>\n<p>&#8220;Recession risk is much, much higher now than it was a couple weeks ago,&#8221; Adam Hetts, global head of multi-asset at Janus Henderson, told Reuters.<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/haley-ott\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Haley  Ott<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Haley Ott is the CBS News Digital international reporter, based in the CBS News London bureau.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/china-says-it-will-raise-tariffs-on-u-s-goods-to-125\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed official says no &#8220;playbook&#8221; for economy woes Fed official says &#8220;no generic playbook&#8221; for economy woes amid Trump tariffs<\/p>\n","protected":false},"author":1,"featured_media":18730,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[349,799],"class_list":["post-18729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-china","tag-tariffs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China says it&#039;s raising tariffs on U.S. goods to 125% - World News<\/title>\n<meta name=\"description\" content=\"China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/china-says-its-raising-tariffs-on-u-s-goods-to-125\/\" \/>\n<meta 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