Donald Trump threatens new tariffs on £150bn of Chinese trade

Move marks a major escalation in the trade dispute between the US and China

Donald Trump has threatened large new tariffs against Chinese imports
(Image credit: 2007 Getty Images)

The prospect of a tit-for-tat trade war increased yesterday as Donald Trump threatened to introduce fresh tariffs of 10% on Chinese imports worth $200 bn (£150bn).

The threat followed the introduction of Chinese tariffs, which in turn followed a US levy of 25% on “659 US products worth $50 billion – including agricultural products, cars and marine products”, the BBC reports.

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