Nigeria, April 11 -- China has sharply escalated its trade conflict with the United States, raising tariffs on American goods to 125%, up from the previous rate of 84%.

This latest move, announced by the Chinese Ministry of Finance, is a direct response to a series of steep tariffs imposed by the U.S. under President Donald Trump's administration, which now brings the total effective U.S. tariff rate on Chinese imports to approximately 145%.

The Chinese ministry issued a firm statement saying that continued tariff hikes by the U.S. no longer hold economic weight and will only damage global credibility. According to a translated statement, "The U.S. increasing tariffs further has lost practical value and has become economically irrationa...