China raised its tariffs on American goods again, but said that it would ignore any further increases on the part of Washington.

President Donald Trump insisted Friday that his tariff policy was “doing really well” despite China hiking levies on US goods to 125 percent.

World War Fee: Middle Kingdom retaliates against White House's 'instrument and weapon to bully and coerce'

China raised its tariff on U.S. imports to 125% on Friday in retaliation for President Donald Trump’s latest tariff increase.

Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.

Trump announced a 90-day tariff reduction to 10% for most countries but further jacked up the tax rate on Chinese imports to 125%.

Beijing escalated trade tensions with Washington on Friday by raising tariffs on U.S. goods to 125%, a direct response to the Trump administration’s decision to increase duties on Chinese imports to 145%. The move intensifies a protracted trade conflict that analysts warn could destabilize global supply chains and economic stability.…

Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to upend global supply chains. U.S. markets churned as China's retaliation intensified global economic turmoil unleashed…

The U.S. and China have escalated trade war by raising tariffs even as Trump hit a pause on tariffs for other countries.

In the latest trade back-and-forth, China has surged its tariff rate on US goods from 84% to 125%, at the same time saying it won't negotiate if the U.S. continues to engage in "trade blackmail."

Apple's stock has regained some of its losses after the announcement of a 90-day pause on some new tariffs, while the tariff on imports from China to the U.S. has been jacked up to 125%.