China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts.

That came just minutes after a 10 percent tariff hike on Chinese goods, announced by US President Donald Trump on Saturday, came into effect.

Here's the state of play in the rocky US-China trade relationship:

Trade between China and the United States, the world's two largest economies, is vast, totalling more than $530 billion in 2024.

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

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

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

So has China's vast state support for its industries, sparking accusations of dumping, as well as its perceived mistreatment of US firms operating in its territory.

China's economy remains heavily reliant on exports to drive growth........

© International Business Times