China has increased tariffs on U.S. imports to 84% in retaliation for U.S. tariffs on Chinese goods. On Wednesday, Washington added even further tariffs on Beijing which now stand at 125%. 

Meanwhile, President Trump announced a 90-day suspension of reciprocal tariffs for all trading partners, except China. All of this, while the global economy continues to be rattled as fears grow of further instability. 

Joining the discussion: 

• Andy Mok is a Senior Research Fellow at the Center for China and Globalization.
• Yan Liang is Chair Professor in Economics at Willamette University. 
• Einar Tangen is Senior Fellow at the Taihe Institute and Chairman of Asia Narratives.
• Jorge Heine is a former Chilean Ambassador.