White House economic adviser Larry Kudlow warned China after it announced the latest retaliatory tariffs, saying Beijing should not underestimate Trump's determination to act on trade.

"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.

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