China responds to Trump tariffs with proposed list of 128 US products to target
Friday, March 23, 2018 | Tag Cloud Tags: China, Economy, News, Trade, Trump, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – The world’s second-largest economy has responded to President Donald Trump’s controversial trade tariffs.
China’s commerce ministry proposed a list of 128 U.S. products as potential retaliation targets, according to a statement on its website posted Friday morning.
The U.S. goods, which had an import value of $3 billion in 2017, include wine, fresh fruit, dried fruit and nuts, steel pipes, modified ethanol, and ginseng, the ministry said. Those products could see a 15 percent duty, while a 25 percent tariff could be imposed on U.S. pork and recycled aluminium goods, according to the statement. [ Source: CNBC (Read More…) ]
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