"Tariffs are working far better than anyone ever anticipated", Trump tweeted out.
"China is forced to take countermeasures, " the ministry said, adding that retaliatory duties of between 5 and 25 percent will be imposed on 5,207 products "if the USA side persists in putting its tariff measures into effect".
The US tariffs now in place or threatened add up to nearly half of the value of goods it imported from China previous year.
Representatives for the White House and the US Commerce Department did not immediately reply to a request for comment on China's retaliatory move.
"China's countermeasures with differentiated tariff rates are rational and restrained, and were proposed after extensively soliciting opinions and careful evaluation. So, this unifies NAFTA and U.S. -Europe, Australia, Japan - China is increasingly isolated with a weak economy". According to Reuters, the Chinese commerce minister said in a statement after the latest round of tariff threats that the USA had "repeatedly escalated the situation against the interests of both enterprises and consumers".
"China is forced to take countermeasures", said a ministry statement. Mr Trump suggested that his use of tariffs has directly damaged the Chinese economy, something that he said would continue unless they agreed to his demands, which includes allowing more U.S. exports and investments.
China has now either imposed or proposed tariffs on $110 billion in US goods, representing the vast majority of China's annual imports of American products. Canada, Mexico and the European Union have responded to USA taxes on steel and aluminum with retaliatory tariffs.
"We have really rebuilt China, and it's time that we rebuild our own country now", Trump said, adding that the Europeans were "dying to make a deal".
"It's important countries refrain from devaluing currencies for competitive purposes", a senior administration official said, and although he didn't accuse China of acting in that fashion, the implication was clear.
China has already filed a complaint with the World Trade Organization about the USA proposal for tariffs on $200 billion worth of goods. The move was meant to bring China back to the negotiating table for talks over USA demands for structural changes to the Chinese economy and a cut in the bilateral trade deficit.
But China is somewhat limited with the extent of what tit-for-tat trade measures are at its disposal, as it exports far more goods to the U.S. than it imports.
The bottom line: The tariffs do raise money for the US government, but it's a small amount - and it's mostly being paid for by Americans.
Chinese leaders have offered to narrow their politically sensitive trade surplus with the United States by purchasing more American goods.
Beijing's earlier round of tariffs appeared created to minimize the impact on the Chinese economy by targeting soybeans, whiskey and other goods available from Brazil, Australia and other suppliers.
China immediately expanded its own list of types of USA products to be tariffed, including farm products, cars and crude oil. Likewise, another of Mr Trump's tweets claimed that foreign countries are paying the tariffs he has imposed on steel, aluminium and a variety of products being shipped from China.
Demi Lovato 'serious' about rehab
Aug 06, 2018 - 06:19
DEMI Lovato was in such dire condition after her drug overdose that her assistant thought she had died, a new report claims. After she's released, which could reportedly happen "any day now", she will go directly to rehab , the outlet reported.
Twitter reacts: Brian Dawkins inducted into NFL Hall of Fame
Aug 06, 2018 - 03:58
It has provided for my children and my family", Urlacher said, welling up and heaving a bit. In applying what I learned in football for the rest of my life I've discovered we all win.
Indonesian geological agency: Tsunami warning after 7.0 M natural disaster off Lombok island
Aug 05, 2018 - 22:54
A handout by the US Geological Survey today showing an intensity map of a 7.0-magnitude quake on Lombok island today. An quake measuring 7.0 on the Richter scale hit Indonesia at around 5:16 pm IST, the US Geological Survey said.
US Unemployment Drops Slightly; Job Growth Slows
Aug 05, 2018 - 22:42
The last time the USA economy had such low unemployment in the late 1990s, wage growth was substantially higher . The solid rate of hiring reflects strong production, business confidence, and plans for expansion.
China’s Unipec suspends imports of US oil amid…
Aug 05, 2018 - 22:13
Recall that President Hassan Rouhani of Iran had earlier warned the USA against any attempt to stop Tehran's oil trade. This accounted for 35 percent of Iranian exports last month, according to ship-tracking data compiled by Bloomberg .
Vintage Plane Crashes in Swiss Alps: 20 Feared Dead
Aug 05, 2018 - 20:25
The plane, which was built in Germany in 1939, crashed into the Piz Segnas mountain around 2,450 metres (8,000ft) above sea level. The mid-century plane, a Junkers JU-52, crashed in the Piz Segnas mountain range, near the Austrian border.
Chelsea vs. Manchester City (Community Shield)
Aug 05, 2018 - 17:43
The former Leicester man is named in the starting XI for City, while Chelsea hand a start to new signing Jorginho. Manchester City qualified for the Community Shield after winning the Premier League title.
Promoting voter ID, Trump claims ID needed to buy groceries
Aug 04, 2018 - 21:34
It was an anarchical moment that highlighted the comedy that is an underestimated ingredient of Trump's demagogic technique. Trump's freaky and inaccurate claims in support of the laws certainly won't help win much additional support on the issue.
Meghan Markle's birthday wish is SO inspiring
Aug 04, 2018 - 19:59
This will be Meghan's first visit to the estate since her wedding. 'It's her birthday on August 4 and I want to send her a card. She will soon be celebrating her first birthday as a member of the royal family .
Turkey to freeze assets of USA officials
Aug 04, 2018 - 18:30
Investors' deepening concerns have sent the lira to record lows and hammered local stocks, as well as Turkey's debt-risk profile. The case has been followed closely by America's evangelical Christian community, a key part of President Trump's support base.
Google plans censored version of search engine in China, says U.S
Aug 04, 2018 - 17:47
Google said in response to a request for comment that it doesn't "comment on speculation about future plans". Google may be changing its tune when it comes to the largest single market for internet users.
Trump Receives Letter from North Korea's Kim
Aug 03, 2018 - 15:41
"Today, they are known but to God", said Pence, whose father fought in the Korean War. He said the U.S.is prepared to discuss arrangements for future U.S.
Lala Anthony To Play Kiki In Drake’s "In My Feelings" Video
Aug 03, 2018 - 15:41
The "challenge" requires a person to leap out of a moving vehicle and dance on the beat of the song " In my feelings ...". Norwood claims he meant to jump onto the hood of the oncoming vehicle and continue dancing before he lost his footing.
Interest rates: Bank of England expected to increase base rate
Aug 03, 2018 - 14:18
The interest rate rise will increase the cost of around 3.7 million residential mortgages that have variable or tracker rates. Federal Reserve held short-term interest rates in the U.S. steady Wednesday but is expected to raise them again next month.
Elon Musk apologizes for behavior on infamous Tesla earnings call
Aug 02, 2018 - 16:32
We believe its because the company has scaled down its level of ambitions for expensive and exotic automation production-aids. During the second quarter, Tesla laid off 9 per cent of its workforce as it worked toward Mr Musk's promise of making money.