China will impose 125% tariffs on U.S. goods from Saturday, up from the 84% previously announced, the finance ministry said on Friday.
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China Raises Tariffs on U.S. Imports to 125%
Beijing’s retaliation came after the White House had raised its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.
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China’s Xi to visit Southeast Asia as trade conflict with U.S. widens
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EU leaders plan Beijing trip in July for summit with China’s Xi, SCMP reports
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