China Hikes Levies to 125% on U.S. Goods

Bee Hive - China hiked its levies to 125% on U.S. imports Friday, to keep its stance against President Donald Trump and his global measures surrounding tariffs.... A spokesperson for China’s Ministry of Commerce told reporters Friday, that the Trump administration’s approach was a 'numbers game which has no practical significance on economics.' China’s statements come after the Trump administration imposed a minimum tariff of 145% on Chinese goods imported to the U.S The European Union, which Spain is a member of, reportedly pursues more trade with China through a fair and reasonable global governance system.