China Raises Retaliatory Tariffs on US to 84%
China announced today (Wednesday) that it would raise tariffs on American imports by a further 50% in retaliation for the US raising its tariffs on Chinese imports by the same degree.
The move raises Chinese tariffs on American imports to 84%.
The Chinese Commerce Ministry vowed to “fight to the end” in the ongoing trade war with the US. “If the US insists on further escalating its economic and trade restrictions, China has the firm will and abundant means to take necessary countermeasures and fight to the end.” the ministry stated.
Read More at israelnationalnews
