China increased duties on US goods to 125%

On April 11, 2025, the Tariff Commission of the State Council of China announced a significant increase in tariffs on imported goods from the United States, from 84% to 125%. The new tariffs will come into effect on April 12, highlighting the growing tension in trade relations between the world's two largest economies.

Response to US Actions

This decision was a response to recent measures taken by the United States, which imposed "reciprocal" tariffs of 125% on Chinese exports. Thus, both sides continue to escalate the trade war, which is causing concern among experts and investors.

Calm in the Crypto Market

Despite the escalation of the conflict, the crypto market is demonstrating surprising stability. Investors seem to be in no hurry to react to changes in trade policy. The cryptocurrency market capitalization remains at around $2.5 trillion, and the price of Bitcoin is holding above $81,000, having recovered 10% since April 9, when President Trump announced a 90-day pause in tariffs for all countries except China.

Bitcoin Price Dynamics

Currently, Bitcoin is trading on the Binance exchange at $83,487 per BTC, and the current trading volume is $2,300,456,240.00 in the BTC/USDT pair. Bitcoin has risen by 1.40% in the last 24 hours, and is in a bullish growth phase.

Official Statement from China

In its statement, the Chinese government noted that the tariff increase is in accordance with the Customs Code, Tariff Law, and Foreign Trade Law. Beijing reaffirmed its commitment to international norms and accused the United States of violating global trade rules, describing Washington’s policy as “unilateral pressure.”

China also said it would not respond to further tariff increases by the United States, as American goods have already lost their competitiveness in the Chinese market under the current tariffs. “Considering that US exports to China are no longer profitable under the current tariffs, China will not respond if the United States continues to increase tariffs on Chinese goods,” the official statement said.

Long-term consequences of the conflict

The trade war between the United States and China has been ongoing since 2018, and during this time, both sides have exchanged numerous tariffs. The main affected sectors include agriculture, technology, and energy. A new tariff increase to a record 125% could lead to serious consequences for global supply chains, increase prices, and increase inflation in both countries.

Impact on Bitcoin Miners

Bitcoin miners are also feeling the effects of the current situation, as the prices of equipment have increased sharply. This may negatively affect the profitability of mining and lead to a reduction in the number of participants in the market.

In conclusion

Thus, the increase in tariffs on US goods to 125% by China is another step in the escalation of the trade war between the two countries. Despite this, the crypto market is showing stability, which may indicate that investors do not expect significant short-term changes. However, the long-term consequences of this conflict may have a serious impact on the global economy and trade relations.