April 11, 2025 4:54 PM
China raises duties on US goods to 125%, calls Trump tariff hikes a ‘joke’
China hiked its levies on imports of U.S. goods to 125% on Friday, hitting back at Donald Trump's decision to single out the world's No.2 economy for higher duties, while dismissing the U.S. president's tariff strategy as "a joke." Investors had bee...