China’s Commerce Ministry will take “necessary countermeasures” on Trump's higher tariffs ...Middle East

China’s Commerce Ministry on Tuesday reiterated its firm opposition to the US move to impose another 10% tariff on Chinese imports starting March 4. The ministry vowed to take “necessary countermeasures” to safeguard China’s legitimate rights and interests. The US disregarded facts, international trade rules, and the voices of various parties, and such move is a typical example of unilateralism and bullying, the Commerce Ministry spokesperson said.

Trump announced a higher tariff on China:

Forexlive Americas FX news wrap: US data sags, tariffs loom and OPEC+ pumps more This article was written by Eamonn Sheridan at www.forexlive.com.

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