Breaking News: Trump Hikes Tariffs on China to 125%, Suspends Reciprocal Duty for Others | ABP NEWS
U.S. President Donald Trump announced on Wednesday a temporary suspension of the "reciprocal tariff" of 75% for a period of 90 days, with immediate effect. However, China has been excluded from this relief. Instead, Trump raised tariffs on Chinese goods to 104%, citing China’s retaliatory 84% tariffs as unjust. He stated that China has shown a lack of respect for the global market, prompting him to further increase tariffs to 125%. Trump emphasized that the era of exploiting America and other nations is over, and warned that China will soon understand this reality. His decision is seen as a strong message to countries engaging in unfair trade practices against the U.S. and its allies.
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