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Tariffs War: China Raises Levies on US Goods to 125%

DeFi Daily News by DeFi Daily News
April 11, 2025
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Tariffs War: China Raises Levies on US Goods to 125%
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China will raise tariffs on all US goods from 84% to 125% starting April 12, and said it plans to ignore any further increases announced by Washington from here because the Trump administration’s moves have become “a joke.” Bloomberg’s Rosalind Mathieson and Goldman Sachs’ Christian Mueller-Glissman react to the news and its likely impact on markets and the economy. They speak on Bloomberg Television.
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Tags: aluminumasset allocationauto industryauto tariffsCarmakersChinaChristian Mueller-GlissmanEquitiesexportsFrancine Lacquaglobal tradeGoodsGovinvestment strategyLeviesmarket routmarket turmoilMarketsraisesrecessionReciprocal TariffsRiskRosalind Mathiesonroutsteelstocksstocks routstocks sellofftarifftariffstrade tensionstrade warTrumptrump tariffsU.Swarwhite house
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