"Hopefully China will do us the honor of continuing to buy our great farm product, the best, but if not your Country will be making up the difference based on a very high China buy".
Earlier on Monday, Trump had said China should not retaliate because "things could only get worse", however, just hours later China unveiled its new round of tariffs in a tit-for-tat move against the USA which had imposed $200 billion worth of Chinese goods in the midst of the trade war last week.
China plans to impose higher tariffs on $60 billion worth of American-made goods June 1 as payback for Mr. Trump's decision last week to jack up US tariffs on Chinese goods to punish Beijing.
"We're having a little squabble with China because we've been treated very unfairly for many many decades ... it should have been handled a long time ago, and it wasn't and we'll handle it now", Trump said, referring to past presidents. A Chinese delegation was in Washington last week, and while talks broke off Friday, both sides have indicated that further talks will happen.
Trump has repeatedly said that the trade structure between the two countries is imbalanced, and has sought to rectify that.
Among the 3,805 categories of Chinese imports that would be newly subject to a 25 percent tariff are cellphones, computers, and other consumer electronics, the trade representative said, adding that pharmaceuticals, certain medical products, rare-earth and "critical" minerals would be exempt from the new duties. "It will all happen, and much faster than people think!" As the tariff announcements triggered stock market losses, Trump told reporters that he's hopeful a trade agreement with China can be reached at a G20 meeting in Japan in late June.
He noted that the United States purchased more products from China than China purchased from the United States, giving him an advantage. "If someone attacks us on our doorstep, we will take them on and fight to the finish", China's foreign ministry spokesman Geng Shuang said.