Editor’s note: On April 9th Donald Trump announced a 90-day pause “and a substantially lowered Reciprocal Tariff during this period, of 10%” for most countries. At the same time, he announced that America’s tariff on Chinese imports would rise to 125%.

US President Donald Trump this morning announced he is raising tariffs on goods from China to 125%. In a post on his favoured platform, Truth Social, he said: “Based on the lack of respect that China has shown to the world’s markets,

US President Donald Trump has raised the stakes in his economic confrontation with China, threatening to push tariffs to 104% unless Beijing withdraws its latest trade measures. The move comes as China ramps up defence spending and tightens oversight of military finances amid long-term modernisation plans.