China on Saturday imposed additional duties on $50 billion worth of American products, a day after US President Donald Trump slapped a stiff 25 per cent tariff on Chinese goods worth similar amount, triggering a full-fledged trade war between the world's two largest economies. Trump on Friday accused China of intellectual property theft and unfair trade practices as he announced 25 per cent tariff on $50 billion worth of Chinese goods.
China on Saturday imposed additional duties on $50 billion worth of American products, a day after US President Donald Trump slapped a stiff 25 per cent tariff on Chinese goods worth similar amount, triggering a full-fledged trade war between the world's two largest economies. Trump on Friday accused China of intellectual property theft and unfair trade practices as he announced 25 per cent tariff on $50 billion worth of Chinese goods.