China threatens more tariffs if Trump further escalates his trade war
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China will impose new tariffs ranging from 5 to 25 percent on American goods worth $60 billion, Beijing said Friday, if the Trump administration follows through on its threat to impose new U.S. tariffs on $200 billion in Chinese products.
"In violation of the bilateral consensus reached after multiple rounds of negotiations, the United States has again unilaterally escalated trade frictions," the Chinese State Council Tariff Commission said in a statement.
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"Don't underestimate President Trump's determination to follow through," White House economic adviser Larry Kudlow responded in a Bloomberg interview.
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Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
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