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US Slaps Up To 245% Tariffs On Chinese Goods, Says White House Fact Sheet

China has issued a sharp warning amid escalating trade tensions with the United States, declaring it is “not afraid” of a trade war and urging Washington to return to the negotiating table

China now faces tariffs of up to 245 per cent on exports to the United States, according to a White House fact sheet, in response to its retaliatory trade measures. The move follows Beijing’s directive to Chinese airlines to suspend further deliveries of Boeing aircraft, a reaction to the US imposing 145 per cent tariffs on Chinese imports.

In addition, Chinese carriers have been instructed to halt purchases of aircraft components and related equipment from American suppliers, escalating tensions between the two economic giants, as per The Economic Times report.

China has issued a sharp warning amid escalating trade tensions with the United States, declaring it is “not afraid” of a trade war and urging Washington to return to the negotiating table in good faith, states the report.

“If the US really wants to resolve the issue through dialogue and negotiation, it should stop exerting extreme pressure, stop threatening and blackmailing, and talk to China on the basis of equality, respect and mutual benefit,” said Foreign Ministry spokesperson Lin Jian.

In response, the White House signaled a willingness to strike a deal—but insisted the next move must come from Beijing. “The ball is in China’s court,” White House Press Secretary Karoline Leavitt told reporters, relaying a message she said came directly from former President Donald Trump during a recent Oval Office meeting. “China needs to make a deal with us, we don't have to make a deal with them. China wants what we have ... the American consumer, or to put another way, they need our money.”

While Trump has previously spoken about Chinese President Xi Jinping in respectful terms, neither side has shown signs of backing down from the escalating trade conflict.

“The president, again, has made it quite clear that he's open to a deal with China. But China needs to make a deal with the United States of America,” Leavitt reiterated.

The dispute has intensified in recent weeks, with both nations raising tariffs on each other’s goods. China now faces tariffs of up to 245 per cent on exports to the US, according to a White House fact sheet. Meanwhile, dozens of other countries received a 90-day grace period on most new duties, underscoring the unique intensity of the US-China trade standoff.

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ABP Live Business is your daily window into India’s money matters, tracking stock market moves, gold and silver prices, auto industry shifts, global and domestic economic trends, and the fast-moving world of cryptocurrency, with sharp, reliable reporting that helps readers stay informed, invested, and ahead of the curve.

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