China responds to Trump by raising the fees on American goods to 125%

Today, Beijing raised customs duties on US imports to 125 percent in response to US President Donald Trump’s decision to raise customs duties on Chinese goods to 145 percent, which increases the severity of a trade war that warns of supply chains around the world.

The increase came after the White House continued to pressure the second largest economy in the world and the second largest source of the United States by announcing additional customs duties, although most of the “anti -anti -” fees previously imposed on dozens of countries.

The Chinese Finance Ministry said in a statement: “The United States imposing unnaturally high customs duties on China that seriously violates international commercial and economic rules and basic economic laws and is incompatible with sound logic, and represents a unilateral bullying and intransigence with everything that means.”