China vows to retaliate against Donald Trump’s latest round of tariffs
Washington — On Tuesday, China vowed to retaliate against the US and warned of "uncertainty" in trade talks after US President Donald Trump targeted another $200bn in Chinese imports with tariffs starting next week. Trump ratcheted up pressure on Beijing as the new round of levies will bring the amount of goods hit by duties to roughly half of Chinese exports to the US. He also threatened to go after all Chinese goods. "For months, we have urged China to change these unfair practices and give fair and reciprocal treatment to American companies," Trump said in a statement on Monday. "These practices plainly constitute a grave threat to the long-term health and prosperity of the US economy. But, so far, China has been unwilling to change its practices," including theft and forced transfer of technology. Once the new round of tariffs takes effect on September 24, punitive duties will be in place on $250bn worth of goods the US buys from China — its largest source of imported merchandis...
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