Donald Trump's tariffs on 60 countries he considers the "worst offenders" have taken effect. The latest phase of the US president's sweeping global tariffs includes a 104% tariff on goods from China, the world's largest exporter.
The additional tariffs on China began after Beijing refused to meet Trump's deadline to withdraw its own retaliatory tariffs on the US.
"Countries like China, who have chosen to retaliate and try to double down on their mistreatment of American workers, are making a mistake. The Chinese want to make a deal, they just don't know how to do it," White House press secretary Caroline Leavitt said.
China vowed to 'fight to the end' as it intervened to stabilise its stock markets after a sharp decline.
The trade war between the world's two largest economies has intensified, with both sides showing little inclination to negotiate. (A2 Televizion)