Eight other items, including frozen pork, would be subject to a 25% tariff. The US president has also promised to levy 25% on $60bn in annual imports from China. China, the third largest consumer of US pork, bought $1.1bn in pork products from the US last year, according to the US Meat Export Federation. The state-owned Xinhua news on Monday called Trump’s tariffs, a “self-defeating gamble.” The editorial, published in English, said, “The threatening tariffs, if realized, may hurt China. Yet the damage will be done at the expense of enormous American interests.”Trump's China tariffs risk 'tit-for-tat protectionism' that threatens world economy Read moreUS senator Elizabeth Warren said on a three-day visit to China that US policy towards China up to now has been “misdirected” and she was not afraid of tariffs.

Source: The Guardian April 02, 2018 05:03 UTC