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The United States and China appeared to be inching closer to a trade war after Beijing revealed it would be retaliating against Washington with tariffs of its own on American goods. NBC News’ Janis Mackey Frayer and Aaron Gilchrist break down China’s rapid-fire retaliation to President Trump’s tariffs.

CHINA has retaliated with brutal revenge sanctions after the US imposed the 10 per cent tariffs on its goods. It comes after Canada and Mexico breathed a sigh of relief after President Donald

The 10% additional tariff on imported Chinese goods came into force at 12:01 a.m., hours after the leaders of Mexico and Canada were able to negotiate a 30-day pause on the implementation of

Unlike Canada and Mexico, China hasn't yet announced retaliatory tariffs after Trump unveiled his long-awaited levies on Saturday. Beijing may not have to go that route as it has a "trick up its sleeve" in the form of currency devaluation,

China has responded to Donald Trump's trade tariffs by targeting a handful of American companies and slapping levies on some US goods, in a move seemingly designed to avoid escalating tensions between the world's biggest economies.