China fires back — for what is says is the last time — by lifting U.S. tariffs to 125%

Presidents Xi Jinping and Donald Trump have each levied triple-digit tariff on their rival’s goods. China on Friday fired back for what it said was the final time. China’s finance ministry raised its tariffs on the U.S., to 125%, from 84%, as the tit-for-tat continues. The China tariffs are effective on April 12.