On April 12, China will impose an additional 41 percent tariff on imports from the US, raising the overall tariff rate to 125 percent, as announced by the State Council Tariff Commission. This move significantly affects American goods' access to the Chinese market. In response, China has stated it will disregard further tariffs imposed by the US on its exports.
Meanwhile, US officials have confirmed that China will face a minimum tariff rate of 145 percent on all exports to the US. This tariff includes a recent 125 percent increase, following a previous 20 percent tariff imposed by Trump on Chinese goods. These developments escalate trade tensions between the two nations.