China on Friday increased additional tariffs on imported US products from 84 per cent to 125 per cent after the Trump administration raised 145 per cent levies on Chinese exports.
The Chinese Commerce Ministry announced that China has raised additional tariffs on imported US products to 125 per cent, up from the previous rate of 84 per cent.
China has also filed a lawsuit with the World Trade Organization (WTO) in response to the recent US tariff hikes, the Commerce Ministry stated.
As per the latest US notification, the total trade tariffs imposed on Chinese goods now stand at 145 per cent.
Earlier, China retaliated by imposing 84 percent tariffs and placed restrictions on the import of certain U.S. films, while also expressing a willingness to engage in dialogue with Washington to resolve the dispute.
China is the only country that retaliated against Trump's tariffs.
