Trump on Thursday directed the US trade representative to level tariffs on about $50 billion worth of Chinese imports. The tariffs would be the first time the Trump administration has directly targeted China with big trade sanctions. "It's unrealistic and unreasonable to demand complete equality in trade," Chinese foreign ministry spokeswoman Hua Chunying told reporters on Thursday. Related: Major retailers to Trump: New China tariffs will hurt American shoppersFor example, it is one of the biggest buyers of US crops, including soybeans or sorghum. China is also the biggest creditor of the United States: It owns more US government bonds than any other country.

Source: CNN March 22, 2018 08:48 UTC