China warns US of retaliation
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China vowed to stand firm and accused the United States of double standards after President Donald Trump threatened 100% tariffs on Chinese imports, and it warned of retaliatory measures.
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China's restrictions on rare earths bring the tariff war with Trump back to square one
The U.S. president responded to the announcement with the threat of additional 100% tariffs. Beijing says the impact of its measures is 'limited' and warns that it does not fear a trade confrontation.

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- US average tariff on imports from China: 57.6%
- China average tariff on imports from US: 32.6%
Note: We have been updating this chart since September 2019
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The first highlights the substantial increase in monthly revenue collected from tariffs....
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by Dean Baker