Vol. XI · The Credco WireOne paisa moves a market
The Credco Wire

"What moved markets — and why it matters for your next polymer buy." — Credco

Back to the wire
MarketsFriday, 11 April 2025·India

📈 U.S. Raises China Tariffs to 145% Amid Trade Tensions

📈 U.S. Raises China Tariffs to 145% Amid Trade Tensions

The U.S. has hiked tariffs on Chinese goods to 145%, adding a new 125% levy to the earlier 20% duty over fentanyl concerns. President Trump warned his "reciprocal tariffs" plan will resume after a 90-day pause if trade deficits persist.

China hit back with 84% tariffs, accused the U.S. of bullying, and refused talks. While China shifts focus to Europe, India declined cooperation, Russia remains unaffected, and Taiwan, facing a 32% tariff, is preparing for talks with the U.S.

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