USEUROPEAFRICAASIA 中文双语Français
Home / Top News

New levies on $50b in goods to show Washington policy's price

China Daily | Updated: 2018-06-18 07:25

China's decision to slap an additional 25 percent tariff on 659 types of US goods worth $50 billion should remind the United States government that the trade war that it has initiated has a price tag.

China imposed the tariff on US goods such as agricultural, automotive and aquatic products immediately after the administration of US President Donald Trump announced on Friday tariffs on $50 billion worth of Chinese goods. Beijing's quick reaction is an unequivocal manifestation of its determination to safeguard its legitimate interests and fight protectionism.

The White House's tariff decision is a stark violation of the core spirit of consensus reached in recent China-US trade talks and is set to backfire if Washington does not back off from its dangerous adventurism.

New levies on $50b in goods to show Washington policy's price

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US