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China to raise reciprocal tariffs on U.S. goods to 84%

The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025.
Greg Baker | Afp | Getty Images

The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025.

China on Wednesday said it would increase its reciprocal tariffs on U.S. goods to 84% from 34% previously, amid a deepening trade war between the world's two largest economies.

This is a developing story, please check back for updates.

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