China hits 128 U.S. products with steep tariffs, sparking renewed fears of trade war
Monday, April 2, 2018 | Tag Cloud Tags: China, News, tax, Trade, Trump, War, Washington, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – China slapped a heavy tariff Monday on U.S. meat, fruits, wine and other products, saying it was a retaliation against President Trump’s import tax on steel and aluminum.
Beijing had warned the U.S. that the tariffs were coming after the Trump administration announced a regime of new tariffs, first on steel and aluminum and then on Chinese high-tech.
China’s Ministry of Commerce said the U.S. had “seriously violated” the principles of non-discrimination under World Trade Organization rules. It said the U.S. also had damaged China’s interests. [ Source: Washington Times (Read More…) ]
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