China hits back at Donald Trump's tariffs as trade war finally arrives

in #steemit7 years ago

China said it doesn’t fear a trade war with the US and announced plans for reciprocal tariffs on $3 billion of imports from the US in the first response to President Donald Trump’s ordering of levies on Chinese metal exports.

China plans tariffs on imports of US pork imports, recycled aluminum, steel pipes, fruit and wine, according to a Commerce Ministry statement on Friday. China will also pursue legal action against the US at the World Trade Organization in response to the US planned ..

Read more at:
//economictimes.indiatimes.com/articleshow/63423674.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst