<ul><li>China announced an increase in its levies on US goods from 34% to 84% in response to President Trump's threat of an additional 50% tariff.</li><li>This is a 50% increase from the 34% tariff announced last Friday in retaliation to Trump's reciprocal tariffs on China.</li><li>With all the tariffs stacked up, China now faces a total tax of 104% on US imports.</li><li>China criticized the US for escalating tariffs and urged them to correct their practices through equal dialogue.</li></ul>

China responds to Trump’s threat of additional 50% tariff by raising its tariff on US goods from 34% to 84%

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