China hits back at Trump with tariffs on $60bn of US goods

September 18, 2018 21:48

China has hit back at US President Donald Trump by imposing new trade tariffs on $60 billion of American goods.

It comes after the US slapped duties on $200 bn of Chinese imports on Monday, escalating its trade war with Beijing.

China will target American goods such as liquefied natural gas, which are produced in states loyal to the US president.

However, in a tweet Trump warned Beijing against seeking to influence the upcoming US midterm elections.

"There will be great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are targeted!" he said.

The Chinese commerce ministry said it would impose its tariffs from 24 September - the date the US duties come into effect - but at lower rates than previously expected.

It will place an additional 5 per cent in duty on US products including smaller aircraft, computers and textiles, and an extra 10 per cent on goods such as chemicals, meat, wheat and wine.

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