Trump slaps ‘proud’ China with 104% tariffs

"The U.S. has hiked tariffs on all Chinese imports to a staggering 104%, escalating the

ongoing trade conflict and wiping out another $1.5 trillion from U.S. stock markets on Tuesday.
China was originally set to face a 34% tariff increase on Wednesday, as part of President Donald Trump’s “reciprocal” measures targeting virtually all U.S. trade partners. However, after Beijing responded with a proportional 34% duty of its own, the U.S. president raised the blanket tariff to a total of 104%." RT