China hits back at Trump's tariffs

US President Donald Trump's sweeping tariffs have raised fears of recession and upended...
US President Donald Trump. Photo: Reuters
China has increased its tariffs on US imports to 125%, hitting back against US President Donald Trump's decision to hike duties on Chinese goods to 145%.

It raises the stakes in a trade war that threatens to up-end global supply chains.

The hike comes after the White House kept the pressure on the world's No2 economy and second-biggest provider of US imports by singling it out for an additional tariff increase, having paused most of the "reciprocal" duties imposed on dozens of other countries.

"The US imposition of abnormally high tariffs on China seriously violates international and economic trade rules, basic economic laws and common sense and is completely unilateral bullying and coercion," China's Finance Ministry said in a statement.