China-US tussle continues as Beijing raises its retaliatory tariff on America to 84%

Synopsis
China has ramped up tariffs on U.S. goods to 84% as part of an additional countermeasure. Just last week, Beijing announced a 34% tariff on all imports from the United States. Meanwhile, on Wednesday, the U.S. imposed 104% tariffs on Chinese exports, following a move by former President Trump.

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