Donald Trump’s tariffs on another $200 billion of Chinese imports took effect Monday, with Beijing accusing Washington of “economic intimidation” as the standoff between the world’s top two economies clouds the global outlook.
The latest volley against Beijing brings the number of goods hit by duties to more than $250 billion, roughly half China’s US exports, with American consumers set to increasingly feel the pain.
Trump has hit 12 percent of total US imports this year alone.
Defiant in the face of increasing fears about the impact to the US economy, Trump has threatened to hit all imports from China if it refuses to change policies he says harm US industry, particularly the theft of American technology.
“These practices plainly constitute a grave threat to the long-term health and prosperity of the United States economy,” he said in announcing the tariffs last week.
Beijing fired back Monday, accusing the US of making…
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