After President Donald Trump raised the ante earlier this week on China by threatening to more than double proposed duties on Chinese imports, the State Council, China’s cabinet, on Friday released a list of $60 billion worth of U.S. goods to hit with tariffs. Then, in July, the United States imposed tariffs on $34 billion of Chinese goods to pressure the country into abandoning what the Trump administration describes as unfair practices such as stealing intellectual property. These U.S. Products May Be Affected by China’s Proposed Tariffs 
 
 In addition, Trump this week ordered officials to consider imposing a 25 percent tax on $200 billion worth of imported Chinese goods, up from an initial 10 percent rate.
– As Trump administration officials mull a possible 25% tariff on $200 billion of Chinese goods—up from the original 10% tariff being bandied about—China is taking its own steps in the newest round of trade threats. Bloomberg and CNBC report on joint statements from China's Ministry of Finance and Ministry of Commerce issued Friday, which note that if the US goes forward with its tariff plan, China will hit more than 5,200 types of US imports, worth $60 billion, with tariffs ranging from 5% to 25%. CNN notes the imports being targeted by China include everything from minerals, chemicals, and furniture to meat, coffee, and alcohol. If and when China puts its tariffs into effect ultimately depends on what the US does, per the government statements. "China reserves the right to continue to introduce other countermeasures" and "any unilateral threat or blackmail will only lead to intensification of conflicts and damage to the interests of all parties," the Ministry of Commerce's statement adds, per the Wall Street Journal.