China raises tariffs on U.S. goods to 125 percent as trade war deepens
Background of the Trade Dispute
Long-running disagreements regarding trade imbalances and allegations of unfair trade practices lie at the heart of this trade tension. China has been accused by the United States of stealing intellectual property, forcing technology transfers, and implementing state-led industrial policies that disadvantage foreign businesses. The United States retaliated by imposing tariffs on Chinese goods, prompting China to implement its own measures.
