China has hit back at US president Trump by announcing new trade tariffs on $60 billion of US goods. This is certainly a reaction on the US slapping duties on $200 billion of Chinese imports to take effect from next Monday, escalating its trade war with Beijing.

China will target goods such as liquefied natural gas, produced in states loyal to the president. However, in a tweet, Mr Trump warned Beijing against seeking to influence the upcoming US midterm elections.

Earlier he had suggested that this would mean further US tariffs on another $267bn worth of Chinese products. Such a move would mean roughly all of Chinas exports to the US would be subject to new duties.

The Chinese commerce ministry said it would impose its tariffs from 24 September - the date the US duties come into effect - but at lower rates than previously expected.

It will place an additional 5% in duty on US products including smaller aircraft, computers and textiles, and an extra 10% on goods such as chemicals, meat, wheat and wine.

By contrast, the US duties will apply to almost 6,000 items, making them the biggest round of trade tariffs yet from Washington. They will start at 10% and increase to 25% from the start of next year unless the two countries agree a deal.

On Monday Mr Trump said the latest round of tariffs was in response to Chinas "unfair trade practices".

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