Beijing calls for a 'people's war' in all-out trade battle

The US-China trade war continues to heat up, with Beijing calling for a "people's war" against Washington and President Donald Trump threatening to impose tariffs on another $300 billion worth of Chinese goods.

In a series of editorials and op-ed articles published Monday, Chinese state media slammed what it labeled the Trump administration's "greed and arrogance" and called for a "people's war" against it. Beijing's state-run media effectively serves as a mouthpiece for the Communist Party.

"The most important thing is that in the China-US trade war, the US side fights for greed and arrogance ... and morale will break at any point. The Chinese side is fighting back to protect its legitimate interests," the nationalistic Global Times tabloid wrote in a Chinese-language editorial carried by Xinhua News Agency.

"The trade war in the US is the creation of one person and one administration, but it affects that country's entire population. In China, the entire country and all its people are being threatened. For us, this is a real 'people's war.'"

The rabble-rousing statements come amid an intense escalation of the trade war over the past week. Here's what happened:

On Friday, Trump increased tariffs on $200 billion worth of imports from China, to 25% from 10%. Here are all the affected Chinese products.

On Monday, China retaliated by saying it would raise duties on $60 billion worth of American goods starting June 1, resulting in duties of 5% to 25%. Here are the affected American goods.

Later Monday, the US Trade Representative's Office published a list of about $300 billion worth of Chinese imports, noting that it proposed slapping tariffs of up to 25% on those products. Those goods include live purebred breeding horses, meat, condensed milk, tobacco, canoe paddles, and articles of clothing.

If the Trump administration were to impose the new tariffs on $300 billion of additional goods, it would mean that $500 billion worth of Chinese goods coming into the US would be subject to tariffs.