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China raises tariffs on US goods to 125 percent

China is planning to raise tariffs on imports from the USA to 125 percent from Saturday. This is the Chinese government's response to the latest increase in US tariffs, which now amount to 145% on Chinese goods

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9 Comments

The two countries will keep increasing tariff until 1000%
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@investingbeginner it doesn’t matter anymore. Trade already stopped.
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@investingbeginner No, Donald will at some point have a deal and present himself as the winner.
At last. I thought it would never go any further 🙄 When the global economy is run by defiant little children....
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Xi called it "economic nuclear war".
We know what happens in nuclear wars. There are no survivors.
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Let's see who sits more firmly in the saddle.
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@Irlandfan I actually believe more in China right now
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One of the stupidest decisions... It's good for us - after all, America is dependent on China. I'm very curious to see how it will all end. After all, the tech giants supported Trump, they must be ultra pissed off.
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