President Donald Trump has imposed a 25 percent tariff on $34 billion of Chinese goods, which prompted Beijing to impose retaliatory tariffs on U.S. imports. The tit-for-tat tariff frenzy is likely to escalate even further after Trump threatened to add more tariffs to $200 billion of Chinese imports including fish sticks, fruit, vegetables and coal. The Chinese government have threatened to take "firm and forceful measures" if Trump follows through on his threat.
