China has hit back at President Donald Trump by imposing new trade tariffs on $60bn of American goods.
Latest news f-rom China
China has hit back at President Donald Trump by imposing new trade tariffs on $60bn of American goods.
The recent recognition of Beijing’s One China policy by three Latin American countries has prompted the US to recall its ambassadors from the Dominican Republic, El Salvador and Panama.
China has said it is "irresponsible" of President Trump to suggest it was not putting enough pressure on North Korea over its nuclear programme.
The US and China are expected to impose fresh tariffs on $16bn (£12.4bn) of each other's goods on Thursday as their tit-for-tat trade war rages on.
China's commerce ministry has announced that it will start imposing 25% import duties targeting $16bn (£12.4bn) worth of US goods.
China, however, shows no sign of bending to Washington's pressure.
The Retail Industry Leaders Association (RILA) was quick to condemn the proposal, saying it will punish American consumers.
A flawed response to the challenge from China
Asia is bracing for the opening salvo in a tit-for-tat trade battle, with the US due to impose 25% tariffs on $34bn of Chinese goods on Friday.
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CNN has reached out to China's Ministry of Foreign Affairs but has not yet received a response on this matter.
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