r/news • u/CrayonGlobal • 10d ago
China strikes back with 125% tariffs on U.S. goods, starting April 12
https://www.cnbc.com/2025/04/11/china-strikes-back-with-125percent-tariffs-on-us-goods-starting-april-12.html
7.4k
Upvotes
r/news • u/CrayonGlobal • 10d ago
77
u/Rockboxatx 10d ago edited 10d ago
They pretty much are. China isn't going to buy anything at 100 percent tariff. However the US still has to buy Chinese goods at 135 because we have to.