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International Business Times

Business

IBT Staff Reporter

China Hikes Tariffs On US Goods To 125%

China United States Xi Jinping

China on Friday announced steep tariff hikes on U.S. imports, raising duties to as much as 125%, up from the previous level of 84%.

Beijing's retaliatory move comes as trade tensions between the U.S. and China intensify over President Donald Trump's sweeping global tariff measures.

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