Another day, another rise in import tariffs between the United States and China. Live from the BBC

World Service. This is the Marketplace Morning Report. I'm Will Bain. Thanks as always for your company.

Yes, in the past hour or so, China has announced it will once again respond to steepening US tariffs on its goods by ramp wrapping up its own taxes on imported US products to

125%. It was the latest twist in what's been a week of breakneck bends for global investors,

government finances and of course our savings investments and potentially prices too.

A lot then to try and round up with Russ Mold, investment director at the UK investment

managers, AJ Bell here in London. Russ, morning. Good day, Will. Yet another twist then in what's

been a particularly twisting and turning week. Does this fundamentally shift much, this move in

Chinese tariffs, given that at the rates that they were already at? I think that's a fair call.

I mean, once you get to tariffs of 84% or 125%, you're more or less killing things off anyway.

So you could go from 100 to 500%.

I don't think it would make much difference fundamentally in terms of sentiment for financial

markets.

What it does show is at the temperature of the dispute between

the world's two leading economic superpowers America and China is getting hotter and hotter,

and that's probably what they don't want to see. Well, that's the thing, isn't it now? A lot to take

stock of and a lot to look ahead to bonds. That was one of the big talking points of Thursday

around the world, and particularly in the US, wasn't it, that cost of government borrowing, where governments go to buy and sell their debt?

Where are we with that as we come to the end of the week?

That, again, has just ticked up a little bit in the US and again in the UK, so everybody's on edge.

Intriguing the Bank of England postponed a planned sale of long-dated, 10 and 30-year UK

guilt and elected to try and sell some shorter dated maturities to try and perhaps calm the markets,

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