Xi Jinping Declares China 'Not Afraid' as Beijing Strikes Back with 125% Tariff on U.S. Go

Sat, 12 Apr 2025 10:51:49 +1200

In a bold statement amid rising trade tensions, Chinese President Xi Jinping announced that China is "not afraid" of escalating pressure, following Beijing’s move to impose a sweeping 125% tariff on select U.S. imports. The retaliatory measure comes in response to recent U.S. tariffs and signals a deepening rift between the world’s two largest economies. Markets and global supply chains are bracing for further fallout.