China raised its total retaliatory tariff on U.S. imports to 125% today after the Trump administration clarified yesterday that U.S. duties on Beijing are actually 145% because of earlier fentanyl-related levies.

China on Friday struck back at President Trump's ballooning tariffs, raising its duties on imports of US goods to 125% from 84%. The countermeasures will come into effect Saturday, further intensifying a US-China trade war that has roiled US stocks.

Chinese exports to the U.S. are now facing tariffs as high as 145%, signaling a major escalation in the ongoing trade conflict.

Beijing’s retaliation came after the White House had raised its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.

President Trump's tariffs on China have risen to 145 percent, just one day after he paused retaliatory tariffs on nearly all other nations.

Some tariffs were paused after President Donald Trump's announcement, but many remain, and China tops the list.

U.S President Donald Trump's dramatic decision to pause hefty tariffs on dozens of countries was an important step towards stabilising the global economy, European Commission President Ursula von der Leyen said on Thursday.

China had raised its duty on American goods to 84% in tit-for-tat hikes that threaten to disrupt trade between the world’s two largest economies.