Donald Trump levies biggest tariffs on China yet

US targeting £150 billion worth of Chinese goods in escalation of the trade war

Donald Trump has announced £150bn worth of new tariffs on Chinese goods
(Image credit: 2018 Getty Images)

Donald Trump has announced a fresh round of tariffs on Chinese goods, targeting £150 billion worth of products in a large escalation of the trade war between the two countries.

While announcing the latest tariffs, Trump warned China that any retaliatory action would result in “phase three” of the tariffs, which would see a further £200 billion worth of tariffs introduced.

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