The United States is "opening fire" on the world with its threatened tariffs, the Chinese government warned on Thursday (Jul 5), saying Beijing will respond the instant US measures go into effect as the two locked horns in a bitter trade war. The Trump administration's tariffs on US$34 billion of Chinese imports are due to go into effect at 12.01am eastern time on Friday (0401 GMT Friday), which is just after midday on Friday Beijing time. US President Donald Trump has threatened to escalate the trade conflict with tariffs on as much as a total of $450 billion in Chinese goods if Beijing retaliates, with the row ... (full story)