China raises retaliatory tariffs on US imports by extreme amount as President issues strong warning to Trump
China has significantly escalated its retaliatory tariffs on U.S. imports, pushing the trade conflict with President Donald Trump to new extremes. In response to Trump’s recent tariff hike of up to 145% on Chinese goods, China has raised its own tariffs from an already steep 84% to a staggering 125%, signaling a major economic clash…