China Slaps 125% Tariffs on U.S. Goods; Could This Be the Beginning of the End for Shein, Temu, and AliExpress in America?
Tensions between the U.S. and China just hit another high. In a major escalation of the ongoing trade war, China officially raised its retaliatory tariffs on U.S. imports to 125%, a direct response to the Trump administration’s clarification that U.S. duties on Chinese goods are set at a steep 145%. The move signals a renewed…