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China strikes US goods with 125% invoices amid trade in trade

Listen to the article China strongly increased invoices to US imports to 125%, hitting the United States in the last escalation of commercial tensions under the command of President Donald Trump. The move was confirmed by the China Customs Committee on Friday, responding to the increase in Washington’s tariff raises in a cumulative 145% in Chinese goods. China previously imposed 84% invoices before the new increase. The committee said US goods had lost competitiveness in the Chinese market, warning that ongoing hikes would become “a joke in the history of the world economy”. Trump administration policies have sparked worldwide criticism