Donald Trump Threatens New Tariffs if China Retaliates

WASHINGTON—President Donald Trump threatened to sharply escalate a trade conflict with China, asking his administration to identify $200 billion in imported goods from China to be penalized with tariffs.

Mr. Trump's move comes after Beijing announced it would retaliate in kind to planned U.S. tariffs on $50 billion in imports from China. The U.S. president's latest plans, if carried out, would likely plunge the world's two biggest economies into a trade war.

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