China to increase tariffs on US imports from 34% to 84%
China will now raise tariffs on U.S. imports from 34% to 84% in response to President Donald Trump's reciprocal tariffs.
The move is expected to go into effect tomorrow, according to Chinese state media, and comes as Chinese officials have vowed to fight "to the end" amid a trade war with the U.S.
"If the U.S. insists on further escalating its economic and trade restrictions, China has the firm will and abundant means to take necessary countermeasures and fight to the end," China’s...