(Photo: AFP)

Mr Trump tweeted that taxes will become reciprocal and a deal will be made on intellectual property. Just 11 hours after the trump administration proposed 25% tariffs on 1,300 Chinese products on Tuesday, China shot back with a list of similar duties on major American imports.

President Trump referred to his personal relationship with Chinese President Xi Jinping and said that the two men will always be friends, despite trade tensions between the US and China.