China's 125% tariff counter to Trump's 145% levy, vows to 'fight till end

China has fired back at the US in the ongoing trade war, raising additional tariffs on American goods from 84 per cent to a steep 125 per cent. The move comes after US President Donald Trump imposed a 145 per cent tariff on some Chinese goods, further straining trade ties between the world’s two largest economies. “If the US insists on continuing to infringe upon China's interests in a substantive way, China will resolutely take countermeasures and fight to the end,” China’s finance ministry said on Friday, as quoted by Reuters. “If the US continues to impose additional tariffs on Chinese goods exported to the US, China will ignore it,” it added. Trump’s sweeping tariff package on China now totals 145 per cent, which includes a new 125 per cent general tariff and an additional 20 per cent aimed at punishing Beijing for its alleged role in the US fentanyl crisis. This aggressive tariff hike, announced on Thursday, has drawn global attention and triggered immediate backlash from Beijing. Before China’s latest retaliation, Trump had already raised tariffs on Chinese goods to 104 per cent. In response, China initially slapped an 84 per cent duty on all US imports earlier this week a figure that was swiftly revised to 125 per cent after Washington’s new sanctions. Despite tough talk from Beijing, Chinese officials have left the door open for dialogue. On Tuesday, authorities pledged to “fight to the end” but also expressed a willingness to engage with the US to resolve the issue. To cushion market volatility, China has taken steps to stabilise its domestic markets. According to reports, statebacked funds have been actively purchasing stocks and exchange-traded funds (ETFs) to support investor confidence.