Shortly after US tariffs on USD 16B in Chinese goods came into effect, China’s equivalent retaliation tariffs also start.
In a brief statement, the Chinese Ministry of Commerce said “China resolutely opposes this, and will continue to take necessary countermeasures.”
And, “at the same time, to safeguard free trade and multilateral systems, and defend its own lawful interests, China will file suit regarding these tariff measures under the WTO dispute resolution mechanism.”
