China imposes 84% tariffs on US goods 

China has said it is raising its tariffs on U.S. products to 84%, up from its previously announced 34%, after President Trump's import duties on Chinese good went into effect April 9 at a rate of 104%. 

Mr. Trump's broad-based tariffs, which apply to imports of almost every nation, kicked in after midnight Eastern time in the U.S.

The two countries have been involved in a game of tit-for-tat on trade, with Beijing standing firmly against each new tariff introduced by Washington. 

“The US escalation of tariffs on China is a mistake upon mistake, severely infringing upon China’s legitimate rights and interests, and seriously damaging the multilateral trading system based on rules,” China’s State Council Tariff Commission said in a statement announcing the fresh levy. 

The amped-up retaliation comes after China repeatedly warned that it would “fight to the end” if the US moved forward with further tariffs. 

On Wednesday, Trump’s additional levies on Chinese imports had originally been set to increase by 34 percentage points. But the president tacked on another 50 percentage points after Beijing refused to back down from the standoff. Prior to the most recent rounds of escalation, Trump had already imposed 20% levies on China. 

Source: Agencies