China raises tariffs on US goods from 84% to 125%, finance ministry says – business live

China ramps up trade war and says it will fight to the end against Donald Trump’s tariffs US stocks fall again after rally following Trump’s shock retreat on tariffsLife in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardeningThe US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-ti