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Namibia: Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war

Namibia: Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war

Africa Links 24 with Nectar Gan
Published on 2025-04-11 10:05:53

Chinese leader Xi Jinping has said his nation is “not afraid” in his first public comment on the escalating trade war with the United States (US), as Beijing raised tariffs on US goods to 125%.

The tariff hike is the latest in a tit-for-tat battle between the world’s two largest economies, after Trump raised tariffs on China to 145%. However, China has indicated it does not intend to go higher than 125%, saying it would be meaningless to engage in further escalation.

“The…

Read the Full article on The Namibian

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