The country's Commerce Ministry said Friday that the proposed trade sanctions would target US-made products ranging from pork to steel pipes. In addition to the tariffs, the United States plans to impose new investment restrictions and take action against China at the World Trade Organization. The last 24 hours have seen a significant ratcheting up in trade tensions between the United States and China. Related: Major retailers to Trump: New China tariffs will hurt American shoppersBut Friday's tariffs are the first time the Trump administration has directly targeted China with big trade sanctions. "China does not want a trade war, but China is not afraid of a trade war.

Source: CNN March 23, 2018 00:50 UTC