China raises tariffs on US in response
By Chen Jia and Zhong Nan | China Daily | Updated: 2019-05-14 07:16
Move shows Beijing's resolve to safeguard its interests, legitimate rights, experts say
China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10 percent and 25 percent.
For the rest of the US imports, the duty rate remains at 5 percent, according to a statement released by the Customs Tariff Commission of the State Council.
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