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You are here News Economy Trade war: Trump again threatens China with $200B in new tariffs

Trade war: Trump again threatens China with $200B in new tariffs

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Trump threatens new tariffs on ChinaLast week, the United States formally imposed $34 billion in tariffs on Chinese products and Beijing slammed the U.S. president by saying he's started "the biggest trade war in economic history."

Officials in China have denied accusations of unfair trade and said they had no choice but to fire back with taxes on U.S.-made aircraft, cars, computer chips, fuel, pork and soybeans.

The proposed tariffs will undergo a two-month review as officials from both countries negotiate settlements to the disputes.

Some of the president's own party have voiced opposed to new tariffs, along with retail industry leaders.

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