President Donald Trump instructed the US Trade Representative to identify another $200 billion in Chinese imports that could be subject to a 10% tariff.
China responded by calling the move "blackmail" and stated that the US "initiated a trade war."
China also threatened to hit back with proportional restrictions.
The back-and-forth is the latest is a sustained trade fight between the two countries.
China on Tuesday showed no sign of backing down after President Donald Trump threatened to kick...
Foreign Policy reports that the trade war kicked off by Donald Trump is a fight that America is very, very likely to lose. The end result is likely to be a continued weakening of America’s position, and a boost to China’s rise.
Trump’s calculation appears to be that China has more to lose and so will back down. He is wrong.
Trump’s statements on trade have regularly revealed him as someone who understands nothing about either how international trade works or how how it should be regulated....
The US President raises the prospect of more tariffs on about $500bn of Chinese imports.