General News of Friday, 11 April 2025
Source: www.ghanawebbers.com
China Imposes 125% Tariffs on U.S. Goods Starting April 12
China has announced new tariffs on U.S. goods. The tariffs will be set at 125%. This decision takes effect on April 12, 2025.
The move is a response to recent trade tensions. China aims to protect its economy from U.S. policies. The tariffs will impact various sectors and products.
U.S. officials have not yet commented on the announcement. Analysts expect significant effects on trade relations between the two countries. Businesses are preparing for potential price increases and supply chain disruptions.
This escalation marks a new chapter in ongoing trade disputes. Both nations have been imposing tariffs for years now. The situation remains fluid as negotiations continue between them.