A spokesperson from the Ministry of Commerce said the date of implementation of the tariff measures will depend on the actions of the U.S., and China reserves the right to introduce other countermeasures.
"China was forced to take the countermeasures" in response to a USA plan to raise tariffs to be imposed on 200 billion dollars of Chinese goods from 10 percent to 25 percent, the commission said in a statement. "Plants are opening all over the United States, steelworkers are working again, and big dollars are flowing into our Treasury".
China has now either imposed or proposed tariffs on $110 billion in USA goods, representing the vast majority of China's annual imports of American products. Washington is expected to soon implement more tariffs on $16 billion in additional Chinese goods, which China has already announced it will match immediately.
The Republican president has been keen to show he is tough on trade ahead of tricky congressional elections in November - but there are growing signs of concern in the White House that the dispute could affect Trump's political base. America's differences with China, a one-party state that has promised to open its markets gradually, run deep.
Among US products targeted were a wide range of agricultural and energy products such as beef and LNG.
The Chinese government did not specify what types of American products would be affected or when those tariffs would take effect.
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"The U.S. has repeatedly resorted to threatening and deceitful routines, trying to force China to compromise, both overestimating its own bargaining power and underestimating China's determination and ability to defend its national dignity and the interests of its people", said a commentary in the official Xinhua news agency. "Any talks in the future, should they happen, should be conducted on an equal and faithful basis".
The US has been embroiled in a tit-for-tat trade battle on several fronts over the past few months.
The US trade deficit increased in June, to $46.3 billion (R615 billion) from $43.2 billion in May, according to the US Census Bureau.
The Trump administration may be overestimating its ability to pressure Beijing into changing its economic behavior, said Stefan Selig, managing partner at BridgePark Advisors LLC and former trade undersecretary at the Commerce Department under Barack Obama.
Trump's tweets appear to be the latest volley in a budding trade war between the United States and China.
Taking into full consideration the interests of its people and companies, as well as the global value chain, the Chinese government made the decision to impose differentiated tariff rates targeting $60 billion worth of United States goods.
Most economists predict the uptick in the trade gap will increase over the rest of the year, Marketwatch reports. But a $1.5 trillion fiscal stimulus, which helped to power the economy to a 4.1 percent annualized growth pace in the second quarter, is assisting the United States in navigating the stormy trade waters.