Beijing hits back at new tariff
By Zhong Nan and Jing Shuiyu in Beijing and Zhao Huanxin in Washington | China Daily | Updated: 2018-08-09 07:30
Reciprocal 25% on $16b in goods to take effect as US levy begins
China will impose a 25 percent tariff on $16 billion in imports of goods from the United States on Aug 23, the latest countermeasure to defend its legitimate interests and the multilateral trading system, the Ministry of Commerce announced late on Wednesday.
The latest US move has unreasonably put its domestic law above international law again, the ministry said in a statement. China will implement its tariff simultaneously with the US measure, the statement said.
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