Shafaq News/China announced, on Tuesday, that it will impose “retaliatory” tariffs oncertain US imports in response to duties introduced by US President DonaldTrump.
Trumpdecided on Monday to double additional tariffs on all Chinese goods from 10% to20%.
In response,China’s State Taxation Commission stated it would levy a 15% tariff on chicken,wheat, corn, and cotton, along with a 10% duty on sorghum, soybeans, pork,beef, seafood, fruits, vegetables, and dairy products.
ChineseNational People's Congress spokesperson Lu Chenjian accused Washington ofviolating World Trade Organization (WTO) rules, saying Beijing opposes thepoliticization of economic and trade issues under the pretext of nationalsecurity. He called for resolving trade disputes through dialogue.
In February,the US President had imposed a 10% tariff on Chinese goods, in addition toexisting duties, but later suggested that a trade deal with Beijing remainedpossible.
Beijing, inturn, warned of "countermeasures,” with the Ministry of Commerce accusingWashington of using China’s handling of fentanyl, a potent synthetic opioid, asa pretext for imposing tariffs, and urging the US to withdraw what it describedas "unreasonable and unfounded unilateral measures."
Read More Details
Finally We wish PressBee provided you with enough information of ( China hits back with US tariffs )
Also on site :
- 'General Hospital' Fans Brace for 'Slap in the Face' amid Star's Return
- Israeli Attacks in Iran Kill Three More Commanders, Israel Says
- ‘White Lotus’ Star’s Sizzling Red-Carpet Appearance Has Fans Professing Their Love