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Beijing slaps 125% tariffs on U.S. goods in latest U.S.-China trade escalation

China signals the latest tariff hike will be its last round of tit-for-tat measures, prompting sharp falls in European shares, as Asian stocks end the day mixed.
People stand outside a brokerage house, as an electronic board displays shares trading, in the Central Business District in Beijing on Thursday.

China signals the latest tariff hike will be its last round of tit-for-tat measures, prompting sharp falls in European shares, as Asian stocks end the day mixed.

(Image credit: Andy Wong)

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