CGTN's Nathan King has more reaction from Washington now to the latest developments in this trade war.

China's tariffs will be introduced on the same day as the next tranche of U.S. tariffs - on August 23rd. This latest escalation from Washington follows tariffs on 34 billion dollars worth of Chinese goods, the U.S. Trade Representative said in a statement:

"USTR released a list of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff. This second tranche of additional tariffs follows the first tranche of tariffs on approximately $34 billion of imports from China, which went into effect on July 6."

China's Ministry of Commerce said in response: the U.S. has: "once again put domestic law above international law by imposing 'very unreasonable' new tariffs on Chinese goods." The ministry said China has to safeguard its own legitimate interests as well as the multilateral trading system by taking countermeasures.

While the U.S. is targeting many components used in assembling products here in the U.S., Washington is also including items such as selfie sticks, TV remotes, and musical instrument parts. China's list of 333 U.S. products to be taxed includes cars, motorcycles, and U.S. energy exports, including coal. So how is US industry reacting? Most U.S. companies want this to stop. Many statements from trade groups say the tariffs are raising costs for many businesses and are inflicting pain on U.S. workers and is an ineffective way to change Chinese policy. And it's hitting the hi-tech sector, too. On the U.S. list is equipment and components used by U.S. semiconductor firms. Their trade group - the Semiconductor Industry Association - is saying this:

"Tariffs imposed on semiconductors imported from China will hurt America's chipmakers, not China's, and will do nothing to stop China's problematic and discriminatory trade practices."

NATHAN KING WASHINGTON "And remember the amount of goods hit by this round of tariffs is relatively small compared to what could be coming next. U.S. President Donald Trump and his trade team are considering tariffs up to 25% on another 200 billion dollars' worth of Chinese goods. The public consultation period for the next round ends first week of September. Time potentially for some sort of talks. NKI, CGTN, Washington."