Trump Escalates US Trade Threats to China

(From BBC News)

US President Donald Trump has threatened to impose tariffs on an additional $200bn (£151bn) of Chinese goods in a growing trade row.

Mr Trump said the 10% tariffs would come into effect if China “refuses to change its practices”.

The threats would be a major escalation of the dispute and sparked further falls on stock markets.

China responded by accusing the US of “blackmail”, raising fears of a full-blown trade war.

Its commerce ministry said the country would take “qualitative” and “quantitative” measures and “fight back firmly” against additional tariff measures by the US government.

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