* The U.S. imposes tariffs on $34 billion of annual imports from China.
* This prompts Beijing to respond in kind with levy tariffs on U.S. imports.
* China's soy meal futures plunged over 2 percent during Friday afternoon trade in Asia before recovering most of its losses, amid market confusion over whether Beijing had actually implemented tariffs on soybeans and other U.S. goods.
China immediately slapped retaliatory tariffs on U.S. imports on Friday after the U.S. imposed dutieson $34 billion worth of Chinese products, signaling the start of a full-blown trade war between the world’s two largest economies.
President Donald Trump’s administration imposed the promised tariffs at midnight Washington time. That prompted Beijing to respond in kind with levies on U.S. imports.
China's Foreign Ministry said did not provide any immediate detail on the implementation or scale of these charges, but the Communist Party newspaper People's Daily said they were imposed on a $34 billion list of goods issued last month that included soybeans, pork and electric vehicles.
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U.S. - China Trade War Begins -- News Updates July 6, 2018
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China hits back after US imposes tariffs worth $34bn -- BBC
China retaliates with tariffs after US begins trade war -- The Guardian
US, China fire first shots in 'largest trade war in economic history' -- AFP
Trade War begins: US and China exchange $34 billion in tariffs -- CNBC
China warns of 'biggest trade war in history,' vows 'counterattack' against US tariffs -- DW
China: The US has started 'the biggest trade war' in history -- CNN
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China accuses US of launching the 'largest trade war in history'; hits back with tariffs -- Asia One
China accuses Trump of launching ‘the biggest trade war in economic history’ -- The Hill
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Donald Trump raises stakes as US-China trade war begins -- BBC
Trade wars: More US tariffs expected on Chinese imports -- Al Jazeera
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