China Imposes Retaliatory Tariff On Imports Of U.S. Goods

The back and forth escalation of tariffs from China and the U.S. threatens to significantly impact trading between the world's two largest economies.

China is increasing the tariffs on imported goods from the U.S. following President Trump’s recent actions.

The latest U.S. tariff increase on Chinese goods swelled to over 100% Tuesday night.

The move prompted China to push back on the policies by hiking its levies on U.S. imports to 84%.

The new tariff is up from 34% and will go into effect Thursday.

The back and forth escalation of tariffs from China and the U.S. threatens to significantly impact trading between the world’s two largest economies.