China's Commerce Ministry said Friday that it will respond immediately on the same scale to the Trump administration's new tariffs on Chinese goods worth up to $50 billion.
"We will immediately introduce taxation measures of the same scale and the same strength," the ministry said in an English-language statement.
"All the economic and trade achievements previously reached by the two parties will no longer be valid at the same time," the ministry said, calling the U.S. behavior "short-sighted."
In May, Beijing and the U.S. agreed to "meaningful increases" in U.S. agriculture and energy exports to China. However, the White House subsequently said it would still pursue tariffs on Chinese goods that were proposed in April, causing trade relations to deteriorate.