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The Guardian - US
The Guardian - US
World
Graeme Wearden

China warns US of retaliation over Trump’s 100% tariffs threat

Container ships berthed at Qingdao port in China
Container ships berthed at Qingdao port in China. Trump’s latest threat came after Beijing announced further export controls on rare-earth materials. Photograph: AFP/Getty Images

Beijing has told the US it will retaliate if Donald Trump fails to back down on his threat to impose 100% tariffs on Chinese imports as investors brace for another bout of trade war turmoil.

China’s commerce ministry blamed Washington for raising trade tensions between the two countries after Trump announced on Friday that he would impose the additional tariffs on China’s exports to the US, along with new controls on critical software, by 1 November.

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