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China on Friday announced an increase in tariffs on US goods from 84 per cent to 125 per cent, shortly after President Donald Trump unveiled a steep hike in duties on Chinese imports, raising them to a staggering 145 per cent. However, it also noted that it would not retaliated any further.
"If the US continues to impose additional tariffs on Chinese goods exported to the US, China will ignore it," the ministry said.
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