The White House has announced a 25 percent tariff on $50bn worth of Chinese goods over “unfair trade practices”.
The goods targeted by the levies “contain industrially significant technologies,” a White House statement said on Friday.
“In light of China’s theft of intellectual property and technology and its other unfair trade practices, the United States will implement a 25 percent tariff on $50 billion of goods from China that contain industrially significant technologies,” the statement read.
Earlier on Friday, Chinese Foreign Minister spokesman Geng Shuang told journalists that China would fight back.
“If the US side adopts unilateral measures of protectionism and damages China’s interests, then we will respond right away, and take necessary measures to resolutely safeguard our own legitimate rights and interests,” Geng said.
Trump has long vowed to fulfill his campaign pledge to clamp down on what he considers unfair Chinese trading practices.
SOURCE: Al Jazeera and news agencies