WASHINGTON (NEXSTAR) - The world's two largest economies are going tit for tat in their tariff war. Friday China announced it will raise tariffs on U.S. goods from 84-125%. This comes after President Donald Trump increased tariffs on Chinese imports to 145%.
The Trump administration says it's sti
cking to the 90-day pause on the president's reciprocal tariffs on countries, except for China, since it continues to retaliate.
The White House says as of Friday, more than 75 countries want to negotiate tariff deals, except China.
"We cannot be dependent on countries like China if we want this country to be strong and wealthy,” said White House Press Secretary Karoline Leavitt.
President Trump raised tariffs on China to 145% which will likely make electronics and toys more expensive.
China responded with 125% tariffs on U.S. goods, including pharmaceutical drugs, planes and soybeans.
"They've really taken advantage of our country for a long period of time. They've ripped us off beyond anybody,” said Trump.
China calls President Trump's tariff policy a "joke" and "economic bullying” and Democrats in Congress are fed up.
"The constantly shifting positions of the last week, they're an embarrassment,” said Sen. Chris Murphy (D-Conn.).
Connecticut Senator Chris Murphy accuses President Trump of playing political games.
"Designed to force every major company to come before Trump to plead for tariff relief in exchange for giving Trump the company's political loyalty,” Murphy added.
Senator Patty Murray (D-Wash.) says it will be up to Congress to stop the president's tariffs.
"We are the kill switch for Trump's trade war,” said Murray.
Congress just left Washington, D.C., for its two-week Easter recess. House and Senate Republicans passed measures to block the chambers from disapproving of the president's tariffs. ...read more read less