China has accused the US of trade bullying after a new round of US tariffs on Chinese goods kicked in.
The US imposed tariffs on a further two hundred billion dollars’ worth of Chinese products, the largest round yet in the escalating trade war between the economic superpowers. The tariffs are in response to what the US says are unfair trading practices by China. Beijing has retaliated with tariffs on sixty billion dollars of US goods.
In an official white paper, as reported by Xinhua news agency, China said the US was employing “trade bullyism practices”, “intimidating other countries through economic measures”, and hurting the global economy. China has also accused the US of starting the “largest trade war in economic history”.
In total, the US has imposed three rounds of tariffs on Chinese products this year, totaling two hundred and fifty billion dollars’ worth of goods. This means about half of all Chinese imports to the US are now subject to new duties.