China retaliates against Trump's $50bn in tariffs, escalating possibility of trade war
by Dominic Rushe in New York from Economics | The Guardian on (#3SBJE)
- China unveils own set of levies of similar size and intensity
- Trump calls US's trade relationship with China 'no longer sustainable'
China has accused the United States of igniting a trade war, firing back against Donald Trump's move to slap tariffs on tens of billions of dollars in Chinese imports.
Trump announced a 25% tariff on $50bn of Chinese goods on Friday, prompting China to retaliate with a similar-sized set of levies, and calling on other countries to take "collective action" against the US.
Related: US-China trade tensions escalate as Trump approves $50bn of tariffs - business live
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