Daily Mail: China vows to retaliate with 'necessary countermeasures' against Trump's tariff hikes on $200billion-worth of Chinese goods which take effect today as talks continue
* US Customs and Border Protection imposed the new 25 percent duty on affected US-bound cargoes leaving China after 12.01am on Friday
* The hike comes in the midst of two days of talks between top US and Chinese negotiators to trying to rescue a faltering deal to end a 10-month trade war
* China's commerce ministry said 'necessary countermeasures' would be taken
* Mike Pence said the administration is working 'hour by hour' to reach agreement
* Economists and industry consultants have said it may take three or four months for American shoppers to feel the pinch from the tariff hike
* They say retailers will have little choice but to raise prices on a range of goods
China has vowed to retaliate with 'necessary countermeasures' against US tariff hikes on $200 billion worth of Chinese goods.
President Donald Trump's tariff increase to 25 per cent s took effect on Friday, ratcheting up tensions between the United States and China as they pursue last-ditch talks to try to salvage a trade deal.
China's commerce ministry said today it 'deeply regrets' the tariff hikes but did not elaborate on what specific measures Beijing would take.
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WNU Editor: China's options are limited. The U.S. exports to China a fraction of what China exports to the U.S., and what the U.S. exports to day is already under tariffs and numerous restrictions.
More News On China Saying It Will Hit Back On U.S. Tariffs
China vows to implement ‘necessary countermeasures’ in response to Donald Trump’s US tariff increase -- SCMP
The US just raised tariffs on Chinese goods. China says it will hit back -- CNN
China’s Vice-Premier Liu He ‘came to US against pressure’ to prove Beijing’s sincerity in trade talks -- SCMP
China says it is prepared to respond to all kinds of outcomes on US trade talks -- CNBC
