China has once again raised its tariff on US goods to match Trump’s, for what it says is the final time. China’s tariff is now set at 125 percent, as it warns that the US is on track to become an economic “joke.” In a statement from China’s Ministry of Financ…

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Finance professor Peter Ricchiuti told BI tariffs are "prosperity killers" that have turned running a business into a "big game of Whack-A-Mole."