China Hits U.S. Hardwoods With 125% Tariff
Posted On
April 17, 2025
On April 11, China matched the U.S.'s increased tariff with a 125% rate on U.S. products, including hardwoods. This applies to goods shipped after April 10 that arrive in China after May 13. Per the Chinese government, "at the current tariff level, there is no market acceptance for U.S. goods exported to China."
Read more: Tit-for-tat Tariff Spat Continues Between the U.S. and China →