Xi says China is ‘not afraid’ as Beijing hits US with 125% tariff
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Summary
China has raised its retaliatory tariffs on U.S. goods from 84% to 125%, escalating the trade war. President Xi Jinping asserts that China is "not afraid" and warns against self-isolation. Meanwhile, the U.S. remains firm, with President Trump confident about future negotiations, despite concerns over market impacts and economic stability.