WASHINGTON/TIANJIN, Sept 18 (Reuters) - U.S. President Donald Trump escalated his trade war with Beijing, imposing 10 percent tariffs on about $200 billion worth of imports in a move one senior Chinese regulator said "poisoned" the atmosphere for negotiations. Trump also warned in a statement on Monday that if China takes retaliatory action against U.S. farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports."
The United States announces a 10% tariff on $200 billion worth of Chinese goods to start on September 24, increasing to 25% by the end of the year, and threatens tariffs on an additional $267 billion worth of imports if China retaliates.