China Raises US Tariffs to 125% in Latest Escalation of Trade War
1. China increases U.S. import tariffs to 125%, escalating trade tensions. 2. U.S. futures rise after volatility; S&P 500 futures up less than 1%. 3. China warns U.S. that its goods may face no market acceptance. 4. Dollar declines sharply against major currencies amid tariff fears. 5. Trade war concerns likely to affect market stability in the near term.