Donald Trump is back in the White House, promising to use the United States's vast economic weight to hit back at China for its alleged unfair trade practices and role in the deadly American fentanyl crisis.

This week, the mercurial magnate said 10 percent tariffs on all Chinese imports could kick in on February 1 -- and on the campaign trail touted a levy as high as 60 percent.

China has warned that there are "no winners" in a trade war and vowed to defend its economic interests.

Here's where the China-US trade relationship stands:

Trade between China and the United States -- the world's two largest economies -- is vast, totalling more than $530 billion in the first eleven months of 2024, according to Washington.

Over that same period, sales of Chinese goods to the United States totalled more than $400 billion, second only to Mexico.

According to the Peterson Institute of International Economics (PIIE), China is the dominant supplier of goods from electronics and electrical machinery, to textiles and clothing.

But a yawning trade imbalance -- $270.4 billion for January to November last year -- has long raised hackles in Washington.

As has China's vast state support for........

© International Business Times