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Live from NPR News in Washington on Corva Coleman,
the Chinese government is once again retaliating against the Trump administration's latest set of tariffs.
But as NPR's John Rewich reports, Beijing says it has no plans to go further.
China announced that its increasing tariffs on U.S.
imports to 125 percent from 84 percent.
The finance ministry says it'll take effect on Saturday.
This step matches Trump's latest escalation as the trade war between the world's top two economies worsens.
But the finance ministry signaled that Beijing was done with matching tariffs.
In a statement on its website, it said U.S.
goods exported to China are no longer market viable and said if the U.S.
continues to increase tariffs on Chinese imports, China will not respond.
The commerce ministry issued a statement at the same time with the same message about further tariffs.
But it warned that if the U.S.
persists in taking substantive actions that infringe upon China's interests,