China seeks to make common cause with European Union over Trump's tariffs

When China announced on Friday it was hiking its tariff on American imports to 125 per cent, it affected a tone that was both firm and insouciant. Every time over the past few days that Beijing has retaliated to one of US president Donald Trump's tariff increases, Washington has responded with a further hike, bringing the US import duty on Chinese goods to a staggering 145 per cent. This time, China said its latest increase would be the last and it would simply ignore any further turns of the screw from Trump. "Given that American goods are no longer marketable…