China raises US tariffs from 84% to 125% | DW News

China has just raised its tariffs against the US from 84 percent to 125 percent starting Saturday. Beijing says it will ignore any further tariff hikes from Washington. The news sent European stocks plummeting. These are live pictures from the Frankfurt Stock Exchange of Germany's DAX stock index. The day had started optimistically for investors before Beijing's announcement. The United Nations trade agency has said the tariffs will have a catastrophic impact on developing nations. China says the US should bear full responsibility for the global economic turbulence.

#Tariffs #TradeWar #ChinaUS
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