Trump hits again with a 125% tariff in escalating commerce battle with China

BANGKOK (AP) — President Donald Trump raised the tariff on Chinese language imports to 125% on Wednesday, hours after China boosted the responsibility on American items to 84% in an escalating battle that threatens to disrupt commerce between the world’s two largest economies. Citing an absence of respect, Trump set China other than different international locations. He stated in a social media publish that he’s pausing his so-called “reciprocal tariffs” on many different buying and selling companions as a result of they’d responded by reaching out for talks fairly than retaliating. The tit-for-tat hikes between the U.S. and China are the most recent in an ongoing…