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In his latest warning, Trump threatened to implement a 10 percent tariff on Chinese imports worth $200 billion, an addition to his administration's new 25 percent tariff on $50 billion worth of Chinese goods.

It called Mr. Trump's tariff threat an "act of extreme pressure and blackmail" that "deviates from the consensus reached by both parties after many negotiations, and is a disappointment to the worldwide community".

"The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the US, but of the world".

He noted that China's Ministry of Commerce has already promised to retaliate with "comprehensive quantitative and qualitative measures" if the US imposes more tariffs.

He said China's recent claims of "openness and globalization" are "a joke".

China responded with a 178.6 percent tariff on all imports of sorghum to the United States. However, analysts warned, it does have significant leverage over American companies in China.

Commodities have also suffered because of the rising US dollar following the Federal Reserve's decision to raise rates last week, he said.

The Chinese Commerce Ministry reacted quickly to Trump's announcement, accusing the United States of "extreme pressure and extortionist behavior" and warning it would "strike back hard". He notes that the US imports more from China than China imports from the U.S.

White House National Trade Council Director Peter Navarro told FOX Business' Lou Dobbs that the Chinese government has underestimated President Trump's resolve to move forward with tariffs to end China's predatory trade policies.

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"Everyone knows ... China is the main perpetrator", he said.

But Beijing faces challenges in retaliating directly: China ships far more goods to the United States ($505 billion a year ago, according to U.S. figures) than come back in the opposite direction ($130 billion).

"Beijing will have to ensure that Washington is aware that there will be heavy price to pay every action it strikes against China if it is to avoid being a victim of the Trump administration's growing blood lust".

Pompeo raised the trade issue directly with China last week, when he met in Beijing with President Xi Jinping and others.

The United States and China have the world's biggest trading relationship but official ties are increasingly strained over complaints Beijing's technology development tactics hurt American companies.

China, of course, imports nowhere near $250 billion, let alone $450 billion in goods from the USA each year that it could tax in retaliation.

United States tariffs that affect more than 800 Chinese products worth $34bn in annual trade are due to come into effect on 6 July. But the lopsided status of U.S. "We will continue using all available tools to create a better and fairer trading system for all Americans".

Beijing also drew up a second list of $16 billion in chemical and energy products to hit with new tariffs, though it did not announce a date for imposing them.


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