China announces 84% tariffs on US in big trade war escalation
China announced tariffs of up to 84 per cent on US goods in response to the Donald Trump administration's 104 per cent duties on Chinese imports, escalating the intensifying US-China trade war.
- China raises its retaliatory tariff on the US to 84 per cent, up from 34 per cent
- Beijing vows to fight tariffs to the end, imposes restrictions on 18 US companies
- Trump's reciprocal tariffs on dozens of countries come into effect on Wednesday