New US tariffs on China to hit 104pc on Wednesday as Beijing vows to fight back ‘blackmail’

Additional US tariffs on Chinese imports are set to reach 104 per cent on Wednesday, the White House told AFP, as Washington doubles down on planned action after Beijing vowed a “fight to the end” on levies.

US President Donald Trump had vowed a further 50pc tariff on goods from China if Beijing did not retract upcoming retaliation — and the White House confirmed that Trump will proceed with this action, taking the overall added duties this year to 104pc.

China vowed to “fight to...