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China Raises Tariffs on US to 125% and Says It Won’t Go Higher

  • China has increased tariffs on U.S. Goods from 84% to 125%, marking a significant escalation in the trade war between the two nations.
  • U.S. President Donald Trump raised tariffs on Chinese imports to 145% after China's retaliatory action, causing uncertainty in stock markets.
  • The University of Michigan reported an 11% drop in consumer sentiment to 50.8, the lowest since the pandemic began, due to trade war concerns.
  • Trump paused tariffs on other countries but maintained a 10% levy, as markets experienced volatility with over $6 trillion in losses.
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El Quintana Roo MX broke the news in on Thursday, April 10, 2025.
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