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US-China trade war escalates

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USA TODAY |
Beijing on Friday increased its tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145%, raising the stakes in a trade war...
Reuters |
China's move to impose 84% retaliatory tariffs against the United States is unfortunate and a losing proposition for Beijing, U.S. Treasury Secretary Scott Bessent said on Wednesday.
Forbes |
Chinese officials said they do not plan to respond to any further escalations in the tariff rate by the U.S., saying the “abnormally high tariffs” violate international trade rules and “common sense....

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China hits back at Trump tariff hike, raises duties on US goods to 125%
Beijing on Friday increased its tariffs on U.S. imports to 125%, hitting back against President Donald Trump's decision to hike duties on Chinese goods to 145%.
China raises tariffs on US goods to 125% as trade war ramps up
China’s president Xi Jinping says there are "no winners in a tariff war" as Beijing faces 145% levies on goods imported to the US.
Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war
Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.
China trade escalation unfortunate, loss for them, US Treasury secretary says
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Treasury Secretary Scott Bessent stated China’s tariffs will rise to 125% due to the country’s “insistence on escalation.”
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China's Commerce Ministry called Trump's latest threat "a mistake on top of a mistake," prompting Treasury Secretary Scott Bessent to clap back.
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