China raises tariffs on US to 125% in latest trade war escalation

BEIJING — China will raise tariffs on all US goods to 125%, up from 84%, effective from Saturday.The new tariff now matches the so-called “reciprocal” levy the US imposes on Chinese imports,BEIJING — China will raise tariffs on all US goods to 125%, up from 84%, effective from Saturday.The new tariff now matches the so-called “reciprocal” levy the US imposes on Chinese imports,