During his first term in office Trump hit Chinese goods with tariffs of as much as 25%. China analyst Bill Bishop says Trump should be taken at his word about his new tariff plans

HONG KONG, Nov 6 (Reuters) - A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the world's second-largest economy.

Donald Trump says foreign nations will pay the costs of tariffs he imposes, but usually it's U.S. consumers who pick up the tab.