Beijing Warns of Retaliation After Trump Vows Fresh Tariffs on $300B of Chinese Goods

Beijing Warns of Retaliation After Trump Vows Fresh Tariffs on $300B of Chinese Goods
U.S. Trade Representative Robert Lighthizer gestures towards Treasury Secretary Steven Mnuchin as he chats with Chinese Vice Premier Liu He before they pose for a family photo at the Xijiao Conference Center in Shanghai, China, July 31, 2019. Ng Han Guan/Pool via Reuters
Cathy He
Cathy He
EDITOR
|Updated:

The Chinese regime warned it would retaliate if U.S. President Donald Trump’s planned new tariffs go ahead, escalating tensions between the world’s biggest economies in an ongoing trade war.

Trump shocked financial markets on Aug. 1 when he announced that the United States would slap a duty of 10 percent on $300 billion of Chinese goods that are currently not tariffed, to take effect on Sept. 1.

Cathy He
Cathy He
EDITOR
Cathy He is the politics editor at the Washington D.C. bureau. She was previously an editor for U.S.-China and a reporter covering U.S.-China relations.
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