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China Raises Tariffs on US Goods To 84% as Rift Escalates

China retaliated against the US after new tariffs imposed by President Donald Trump, announcing it would raise the tariff on US goods to 84%, escalating the trade conflict between the world's two largest economies. From a report: The Chinese countermeasures are effective April 10, according to a government statement Wednesday. China's move came after Trump's latest tariffs went into force at midday Wednesday in Beijing, taking the cumulative rate announced this year to 104%. A day earlier, China vowed to "fight to the end" if the US insists on new tariffs.
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