China on Friday announced an increase in tariffs on US goods from 84 per cent to 125 per cent, shortly after President Donald Trump unveiled a steep hike in duties on Chinese imports, raising them to a staggering 145 per cent. However, it also noted that it would not retaliated any further.
In his first reaction to Trump’s tariff onslaught, Chinese premier Xi Jinping urged the European Union to join forces with Beijing to resist what he called "unilateral bullying".
"China and Europe should fulfil their international responsibilities… and jointly resist unilateral bullying practices," state news agency Xinhua quoted Jinping as saying.
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