China’s Xi hikes US tariffs, seeks to bolster relations with Southeast Asian nations

China’s president is heading on a three-nation tour of Southeast Asia after his government hiked tariffs on U.S. goods to 125%, the latest strike in an intensifying trade war that has sunk stock markets and threatens to stunt the global economy. The increase to 125% from 84%, effective Saturday, matches the recent series of duties levied U.S. President Donald Trump levied on China. The White