The recent US-China trade developments have sparked significant discussion. To clarify, the US has not increased tariffs on China by 245%. Instead, the average US tariffs on Chinese exports have risen to 124.1%, more than 40 times higher than before the trade war began in 2018.

Here's a breakdown of the current situation ¹:

- *US Tariff Increases*: The Trump administration has imposed significant tariff hikes on Chinese imports, with recent increases including:

- *10% tariff* on certain Chinese products, raised to *20%* on March 4, 2025

- Additional tariffs of *125%* on some Chinese imports, with sectoral

- *Chinese Counter-Tariffs*: China has retaliated with its own tariff increases, targeting US exports such as:

- *Chicken/poultry*

- *Beef*

- *Pork*

- *Soy*

- *Coal*

- *Crude oil*

- * natural gas*

- *Agricultural machinery*

- *Large-engine vehicles*

- *Calls for Negotiation*: The Chinese Foreign Ministry has indeed called for the US to clarify the tariff increases and engage in equal negotiations, rather than resorting to threats and coercion.

The ongoing trade tensions between the US and China have led to a complex web of tariffs, with both countries imposing significant duties on each other's exports. The situation continues to evolve, with potential implications for global trade and economic stability ¹ ².$BTC $ETH