The moves brought the world's two largest economies to the verge of an all-out confrontation long feared by markets an industry.
President Donald Trump has vowed to clamp down on what he calls China's unfair trade practices, but denied there was a trade war after announcing the tariffs.
"If the USA takes unilateral and protectionist measures that harm Chinese interests, we will respond immediately by taking the necessary decisions to safeguard our legitimate rights and interests", Chinese foreign ministry spokesman Geng Shuang said earlier on Friday.
China will "immediately introduce taxation measures of the same scale and the same strength", the Chinese Commerce Ministry said.
U.S. Treasury Secretary Steven Mnuchin, U.S. Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer were all with Trump in a meeting Thursday when the president made the decision, said White House Press Secretary Sarah Huckabee Sanders, who declined to confirm what was decided.
China and the USA are major seafood trading partners beyond just lobster, and the new tariffs would apply to dozens of products that China imports from the USA, including salmon, tuna and crab.
The statement also said China was not going forward with deals to buy more American goods.
The first wave of USA tariffs, affecting $34 billion worth of Chinese goods across 818 product categories, goes into effect on July 6.
The White House has announced a 25 percent levy on technology-related products worth around $50 billion.
Donald Trump has warned that if China retaliates, the U.S. will impose even more tariffs.
In response, Beijing has also drawn up a list of $50bn in USA products that would face retaliatory tariffs, including beef and soybeans.
Tariffs on $34 billion of goods will take effect from July 6, according to Reuters.
According to the state media, Xinhua, the Chinese government imposed additional duties of 25 per cent on 659 items of American products, while also revealed a list of items which will be subjected to additional tariffs.
The United States has already imposed tariffs on steel and aluminum from Canada, Mexico and the European Union.
In a statement Friday, Trump pledged additional tariffs if China follows through on the threat to fight back.
"In this trade war, it's the United States who is playing the role of provocateur, while China plays defence", said the Global Times, a newspaper published by the ruling Communist Party.
ZTE last week agreed to pay a US$1 billion fine to the United States government to end a crippling supplier ban imposed after it broke an agreement to discipline executives who conspired to evade United States sanctions on Iran and North Korea.
China has retaliated against the tariffs in two stages, calibrated with the steps being taken by the US. "Those are crown jewels for this country", Trump said.
"We urge President Trump to reassess the approach, engage in real negotiations with China, and work with allies to change Chinese policies".
So far, companies with business in China have mostly kept low profiles, hoping the USA and China would strike a deal, according to Samm Sacks, a senior fellow in the Technology Policy Program at the Center for Strategic and International Studies.
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After waiting almost four decades for a Triple Crown victor , lightning has apparently struck twice in a four-year span. The second choice now is Hofburg , followed by Bravazo and Vino Rosso who share third billing as it were.
"We have taken essentially a defensive action", a senior USA official told reporters, adding that "further threats that are going to hurt other industries.would be a mistake". (ZTCOY.PK) In April, the USA banned ZTE from buying American technology for seven years, effectively putting the company out of business.
No homes have yet been lost in the fire, the Associated Press reports, but thousands have been forced to evacuate . Firefighters said Monday that full containment of the 416 Fire was not expected before the end of the month.
Pompeo, who has twice met Kim, insisted Monday that Trump is fully prepared for his meeting with the North Korean leader. The North Korean news agency KCNA said the meeting signalled "a changed era" in bilateral ties with Washington.
Companies like Amazon and Netflix have been aggressively pursuing top talent and locking them down with lucrative deals. She is a significant get for Apple , as the host of one of the most-watched daytime shows in America, and her signing.
The RFEF have said that the decision was because the negotiations took place "without any information to the RFEF". Julen Lopetegui has been sacked as manager of Spain , after taking the Real Madrid job on Tuesday.
Lane, who won for best featured actor in a play, said " Angels " still speaks to society in the midst of "political insanity". Tony Shalhoub , named best actor in a musical, spoke of his father's arrival at Ellis Island from Lebanon in 1920.
Around two-thirds of the country's population of 27 million relies on aid and 8.4 million are already at risk of starving. The United Nations and other aid groups already had pulled their global staff from Hodeida ahead of the rumored assault.
In their joint statement , the two leaders promised to "build a lasting and stable peace regime" on the Korean Peninsula. And pausing military exercises is exactly the kind of reciprocal move China has pushed the U.S.to take in the past.
Treasury Secretary Steven Mnuchin said in a statement . "He can now call me if he has any difficulties, I can call him". Trump said sanctions will come off of North Korea soon, "when we can be sure there is no more nuclear" weapons.
Possession football is well established as the game's purest form - the right way to win and perhaps even the right way to lose. Every World Cup needs the host nation to energise the population, and Russian Federation have ticked that box with this result.
An initiative that seeks to split California into three states is projected to qualify for the state's November ballot. The state of Northern California would contain 40 counties, including those in the Sacramento and Bay areas.
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Trump has said he trusts Kim to follow through as the two countries negotiate dismantling North Korea's nuclear program. "He met. He can now call me if he has any difficulty; I can now call him. "We're very close to getting it started", Trump said .
Trump puts 25% tariff on Chinese goods
China would also cancel agreements it had reached with the USA during previous discussions over the penalties, it said. In response to Trump's decision, the Chinese government said it would levy tariffs against US products and services.
More than 900 rescued refugees arrive in Sicily
More than 1.8 million people have entered Europe irregularly since 2014 and Italy is now sheltering some 170,000 asylum seekers. He also said that between January and May, France had sent back to Italy 10,249 migrants who had crossed their common border.
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At the lunch, Trump expressed optimism for tomorrow's meeting with Kim and also thanked his Singapore hosts for their hospitality. Lee has said the summit would cost Singapore about S$20 million ($A19m), more than half of which would go on security.