China Raises Tariffs on US Imports To 125%
China responded to President Trump's tariffs on Friday, raising its own tariffs on American goods to 125 percent, from 84 percent. The New York Times: The announcement by China's State Council came after Trump administration officials clarified on Thursday that China was now facing a minimum tariff rate of 145 percent on all exports to United States. China said its new tariffs will take effect on Saturday. Read more of this story at Slashdot.

Read more of this story at Slashdot.