China announces equal penalties to retaliate for US tariffs

China announces equal penalties to retaliate for US tariffs

6 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/f40338c035d94f46aaf8733f93612e7c

BEIJING (AP) — China's government responded quickly to U.S. President Donald Trump's tariff hike on Chinese goods by announcing Friday it will immediately impose penalties of "equal strength" on U.S. products.

The Commerce Ministry said it also was scrapping deals to buy more American farm goods and other exports as part of efforts to defuse a sprawling dispute over its trade surplus and technology policy.

China announces equal penalties to retaliate for US tariffs

Jun 15, 2018, 3:46pm UTC
https://apnews.com/f40338c035d94f46aaf8733f93612e7c > BEIJING (AP) — China's government responded quickly to U.S. President Donald Trump's tariff hike on Chinese goods by announcing Friday it will immediately impose penalties of "equal strength" on U.S. products. > The Commerce Ministry said it also was scrapping deals to buy more American farm goods and other exports as part of efforts to defuse a sprawling dispute over its trade surplus and technology policy.