China Increases Tariffs to 125%: What Ag Exports Will Be Most Impacted

China announced Friday it’s hitting back with more tariffs on U.S. goods. The new tariff rate is 125%, up from the 84% announced earlier this week.

This is in response to President Donald Trump’s announcement on Wednesday that the U.S. would be pausing reciprocal tariffs on most countries for 90 days, but upping the ante on China with a tariff of 125%.

The U.S. and China have been trading blows with tariff hikes for a while now. Just last week, President Trump headlined what he called “Liberation Day” by announcing tariffs on more than 180 countries. That included a 34% tariff on all Chinese goods. In response, China imposed 34% tariffs on U.S. goods two days later. With tariffs already in place, that brought the total rate to 60%.

More recently, the U.S. said on Tuesday that 104% duties on imports from China would take effect shortly after midnight. China fired back with an additional 50% tariff on U.S. goods.

Now China has raised the rate on U.S. imports to 125% starting Saturday. It’s a tit-for-tat with tariffs impacting some exports more than others.