*Please,I urgently need donations:Anyasoro Chekwube WM.,Acct.no.-4240853014,Bank-FCMB in Nigeria,Phone no.:+2349092171875 *. China Retaliates Against US,Targets US Meat, Fruit In Return For Tariffs On Chinese Goods.
"We don't want a trade war, but we are absolutely not
afraid of it," said a senior Chinese spokesman as US tariffs entered
force in late March. Beijing's retaliatory measures appear to make good
on that promise.
China said it will start taxing imports of US meat, fruit and other
goods beginning Monday in response to US tariffs on Chinese goods.The announcement follows weeks of Chinese threats to introduce the measures amid a deepening trade dispute between Beijing and Washington.
What China is targeting:
- China's Customs Tariff Commission will target a total of 128 US goods.
- It will increase the tariff rate on eight US imports, including pork, by 25 percent.
- A new 15 percent tariff will be placed on 120 other US goods, including fruits.
Comments
Post a Comment