The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China engaged in a trade war that spanned most of Trump’s first four years in office and was continued to a certain extent under his successor, Joe Biden.

China's latest tariffs on US goods include a 15% border tax on imports of US coal and liquefied natural gas products. There is also a 10% tariff on American crude oil, agricultural machinery and large-engine cars.

On today’s Big Take Asia podcast, why a second trade war between the US under Trump and China under Xi could look very different from the first

Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.