China Will Ignore U.S. Further Tariff
President Xi Jinping called for the European Union to join China in standing against what he described as "bullying" tactics, signaling a broader effort to align with other trade partners.
On Friday, China’s commerce ministry officially announced the hike from the previous 84% tariff, calling it a firm step in its promise to “fight to the end.” The statement hinted this could be China’s final tariff escalation, declaring that “at the current tariff level, there is no market acceptance for US goods exported to China.”
“If the US continues to impose tariffs on Chinese goods exported to the US, China will ignore it,” the ministry added, while also hinting at the possibility of other forms of retaliation.
US Exclusion Sparks Broader Talks
President Trump’s decision to exempt dozens of countries from his sweeping global tariffs—while continuing to raise levies on China—has sparked outrage in Beijing. The US tariff rate on Chinese goods now totals 145%, following consecutive hikes in recent weeks.
READ MORE:
China to raise tariffs on U.S. goods to 125%
In response, Chinese officials are reportedly reaching out to other nations in an attempt to form a broader coalition against Washington’s trade policy. This outreach underscores Beijing’s growing concern about long-term isolation from major trading networks.
While China’s latest statement suggests the tariff war may have peaked in terms of direct economic measures, the warning of “other countermeasures” points to a prolonged standoff with global repercussions.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
