*BEIJING – China Tuesday announced tariffs on US goods worth $60 billion inretaliation for President Donald Trump’s decision to slap duties on $200billion in Chinese products next week.*

Tariffs of between five and 10 percent will take effect on some 5,200 USproducts on Monday, on the same day as the new US duties, the financeministry said.

The two side already traded tariff salvos on $50 billion in goods from eachcountry in the summer.

“If the United States insists on raising tariffs even more, China willrespond accordingly,” the finance ministry said in a statement.

China also announced that it was lodging a new complaint at the World TradeOrganization in its tariffs battle with the United States.

Beijing had previously warned that it would target $60 billion in US goodsif Trump made good on his threat to impose the new tariffs.

The lower Chinese figure highlights Beijing’s inability to match the USdollar-for-dollar in a tariffs war.

The US imported around $500 billion worth of products from China last year,compared to $130 billion in US goods imported by the Asian country.

Trump threatened to hit another $267 billion in Chinese goods if Beijingtook retaliatory action.

The Chinese finance ministry did not provide a detailed list of products tobe hit by the new tariffs on Monday.

A preliminary list in August said products ranging from pig hides to cocoabutter and condoms would be targeted with tariffs of five to 25 percent. Itwas unclear if the tariffs announced on Tuesday were lower to match the USplan.

The US said the Chinese imports will face 10 percent tariffs through theend of the year, and then the rate will jump to 25 percent. – APP/AFP