China Vows Retaliation if US Takes New Tariff Measures President Trump recently <br />announced that he was ready <br />for additional tariffs on <br />virtually all Chinese imports. China isn't happy <br />about Trump's plans. Geng Shuang, Foreign Ministry spokesman, <br />via CNBC Despite much negotiation between <br />the two countries, additional tariffs <br />on $50 billion of each other's goods <br />has been activated since July. China revealed a proposed list of retaliatory <br />tariffs on $60 billion of U.S. goods in August, <br />should Trump activate tariffs on his $200 billion list. Trump's threat spans a total of <br />$517 billion in Chinese goods, which <br />would be well above last year's goods <br />imports of $505 billion from China.
