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China plans to hit US with tariffs following Trump trade sanctions

China could slap tariffs on $3 billion worth of US goods in the latest move to incr...

Posted: Mar 23, 2018 1:42 PM
Updated: Mar 23, 2018 1:43 PM

China could slap tariffs on $3 billion worth of US goods in the latest move to increase trade tensions between the two countries.

The country's Commerce Ministry said Friday that the proposed trade sanctions would target US-made products ranging from pork to steel pipes.

The decision came just hours after President Donald Trump directed the US trade representative to level tariffs on about $50 billion worth of Chinese goods following a seven-month investigation into intellectual property theft.

In addition to the tariffs, the United States plans to impose new investment restrictions and take action against China at the World Trade Organization. The Treasury Department will also propose additional measures.

Despite the timing of its response, China's Commerce Ministry did not label the measures a direct retaliation for Thursday's broadside from the Trump administration. China's decision to hit back was based on the Trump administration's decision to apply tariffs on imports of steel and aluminum earlier in March, it said.

The ministry said it could sanction more than 120 US goods, including American nuts and wines. The import tariffs would range from 15% to 25%.

Related: Why Trump's tariffs on China are a big deal

China said it would also pursue its own case against the United States at the World Trade Organization.

"Ignoring the rules of the WTO and ignoring the appeal of the broad business community, the United States has decided to go it alone," the Commerce Ministry said in a second statement on Friday.

The last 24 hours have seen a significant ratcheting up in trade tensions between the United States and China.

Trump has repeatedly accused Beijing of unfair trade practices like currency manipulation -- which helps China make its exports more affordable -- and of stealing US intellectual property. The president has frequently taken aim at China's huge surplus in goods trade with the United States, which reached $375 billion last year.

Related: Major retailers to Trump: New China tariffs will hurt American shoppers

But Friday's tariffs are the first time the Trump administration has directly targeted China with big trade sanctions. Previous measures against steel, aluminum and solar panels have applied to imports from other countries too.

China has repeatedly said that it doesn't want a trade war but warned that it would take "firm and necessary" countermeasures if necessary.

It reiterated that message Friday. "China does not want a trade war, but China is not afraid of a trade war. We are confident in our capability to face up to any challenge," the Commerce Ministry said.

-- CNN's Steven Jiang contributed to this report.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 314509

Reported Deaths: 7247
CountyCasesDeaths
DeSoto21626259
Hinds20359415
Harrison17934309
Rankin13634278
Jackson13447246
Madison10099217
Lee9980174
Jones8381163
Forrest7683152
Lauderdale7191241
Lowndes6401147
Lamar623086
Lafayette6200118
Washington5339134
Bolivar4802132
Oktibbeha462798
Panola4588107
Pearl River4512146
Marshall4443103
Warren4393121
Pontotoc420772
Monroe4113133
Union411076
Neshoba4031176
Lincoln3968110
Hancock379386
Leflore3497125
Sunflower336090
Tate334084
Pike3325105
Scott315973
Alcorn313368
Yazoo311669
Itawamba300477
Copiah297065
Coahoma295479
Simpson295288
Tippah288768
Adams286882
Prentiss279760
Marion269280
Leake268373
Wayne262641
Grenada261487
Covington259681
George248048
Newton246861
Winston227281
Tishomingo226967
Jasper221148
Attala214473
Chickasaw207857
Holmes189173
Clay185454
Stone182833
Tallahatchie178841
Clarke178080
Calhoun170832
Yalobusha164338
Smith162434
Walthall133945
Greene130633
Lawrence128624
Montgomery126942
Noxubee126734
Perry126338
Amite123142
Carroll121829
Webster114532
Jefferson Davis107133
Tunica105726
Claiborne102430
Benton99525
Humphreys96733
Kemper95828
Franklin83823
Quitman80916
Choctaw76418
Wilkinson67331
Jefferson65728
Sharkey50217
Issaquena1686
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Alabama Coronavirus Cases

Cases: 532895

Reported Deaths: 11001
CountyCasesDeaths
Jefferson771431528
Mobile41089808
Madison34837505
Tuscaloosa25810454
Montgomery24355588
Shelby23730249
Baldwin21191309
Lee15892171
Calhoun14522316
Morgan14324279
Etowah13861353
Marshall12250223
Houston10581281
Elmore10060205
Limestone9986151
Cullman9705194
St. Clair9702243
Lauderdale9441242
DeKalb8846187
Talladega8255176
Walker7246277
Autauga6938108
Jackson6815112
Blount6694137
Colbert6310134
Coffee5524119
Dale4850111
Russell443238
Chilton4308112
Franklin426282
Covington4136118
Tallapoosa4039152
Escambia393977
Chambers3578123
Dallas3557152
Clarke351161
Marion3130101
Pike311377
Lawrence300798
Winston275673
Bibb261564
Geneva251477
Marengo249664
Pickens234761
Barbour231756
Hale223277
Butler216469
Fayette212562
Henry189044
Cherokee184745
Randolph181742
Monroe178040
Washington167639
Macon159950
Clay156857
Crenshaw152757
Cleburne149141
Lamar142935
Lowndes139053
Wilcox127130
Bullock122841
Conecuh110629
Coosa107928
Perry107826
Sumter104832
Greene92534
Choctaw61124
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