China imposes 84% retaliatory tariffs on U.S. as trade war escalates

China on Thursday imposed retaliatory tariffs of 84 percent on all U.S. goods after President Donald Trump raised total U.S. duties on all Chinese items to 125 percent in a further escalation of the trade war between the world's two largest economies.The measure was unveiled Wednesday evening as Beijing warned it would "fight till the end" if the United States imposed additional trade imposts. The Asian powerhouse originally planned to slap new duties of 34 percent in response to the United States' so-called reciprocal tariffs but increased the rate in a tit-for-tat move.Separately, China a…READ FULL ARTICLE