U.S. announces 245% tariff on all Chinese goods

US hits China with another increased tariffs as trade war continues between the two countries.

According to fresh reports, the United States has increased China’s tariff to 245% on all goods.

READ ALSO: Trump Imposes 104% Tariffs on China, Escalating Trade War Tensions

This development comes just hours after Chinese government ordered all Chinese airlines to not purchase any aviation equipment from all US companies.

China and the United States have been in a battle of economic supremacy since Donald Trump was sworn in as president.

There two countries have since been hitting each other with hike tariffs which was initially started by the US.

READ ALSO: Donald Trump threatens to slap China with 400% tariff if Chinese government hit US with retaliatory tariff again

Currently, there is no positive sign that leaders of both country will be holding any peace talk soon.

The US has now made another tariff hike move and all eyes will now be on China to see what their retaliation will be.