China plans to impose duties of 25 percent, 20 percent, 10 percent and five percent on imported products from US if the Trump administration follows through on threats to tax $200 billion of Chinese goods, as announced by China’s State Council Tariff Commission on the evening of August 3.
"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 its statement.
China listed 5,207 US products that it would target in an effort to "safeguard its own legitimate interests."
Products in line for tariffs include meat, coffee, nuts, alcoholic drinks, minerals, chemicals, leather products, wood products, machinery, furniture and auto parts.
In particular, the products in question include ferrosilicon with silicon content less than or equal to 55 percent, sponge iron, hot rolled material (not in coils) with raised patterns, cold rolled material (not in coils), cold rolled coil with carbon content less than 0.25 percent, hot processed stainless steel bars and rods of circular section, other stainless steel bars and rods and alloy steel plate, among others.