Donald Trump orders firms out of China as Beijing sets new duties

China on Friday said it would impose retaliatory tariffs on $75 billion of US goods, targeting crude oil for the first time and renewing punitive duties on American-made autos

US President Donald Trump on Friday said he had ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion worth of US goods, throwing a new twist into the bitter trade war between the world's two largest economies.

Trump said on Twitter he would issue a response to China's latest tariff plan on Friday afternoon. The president was meeting with his trade team at midday, a senior White House official told Reuters.

“We don’t need China and, frankly, would be far better off without them. The vast amounts of money made and stolen by China from the United