Trump tariffs live: China hikes tariffs on US goods as trade war escalates

4 weeks ago 57
  • Beijing announced it has increased its tariffs on US imports to 125 percent.
  • This comes after the White House yesterday clarified that it was actually imposing tariffs totalling 145 percent on China, combining the previously announced 125 percent rate with a 20 percent import tax levied for fentanyl smuggling.
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