HomeLive CommentsChina announced retaliation on tariffs on USD 75B of US imports

China announced retaliation on tariffs on USD 75B of US imports

China’s Ministry of Commerce announced retaliation tariffs on USD 75B US imports. Additional tariffs of 5% or 10% will be imposed on a total of 5078 products lines originating from US. Goods include agricultural products, crude oil, small aircraft and cars.

The first batch will take effect on September 1. Others will take effect on December 15.

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