China’s 125% tariffs on US, Stock market surges, US’ revelation on Tahawwur Rana & more

China said it will raise tariffs on US goods from 84% to as much as 125%, effective Saturday, hours after President Xi Jinping urged the European Union to unite with Beijing against Trump’s what he called ‘unilateral bullying’. The move comes in retaliation to Trump increasing trade tariffs on Chinese goods to 145% from 125%.