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Evening Standard

Politics

Bill Bowkett,Michael Howie and Nicholas Cecil

China hits back at US with 125% tariffs as Xi Jinping warns Donald Trump ‘there are no winners in trade war’

Donald Trump United States China Rachel Reeves Sir Keir Starmer United Kingdom

China has announce it will impose 125% tariffs on US goods from Saturday in another huge escalation of the trade war between the two superpowers.

As Beijing hiked its levies on US imports from 84%, in retaliation to Trump’s tariffs on Chinese goods of up to 145%, Xi Jinping stressed that ‘there are no winners in a trade war”.

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