China hits US imports

China hits US imports


China quickly retaliated against US fresh tariffs, announcing 10% to 15% walks to import fees, covering a variety of US agricultural and food products and placing 25 US companies under export and investment restrictions.

Extra President of 10% of the United States, Donald Trump, threatened China with last week entered into force on Tuesday, resulting in a 20% cumulative tariff in response to what the White House considers Chinese inaction on drug flows.

The rate represents an additional increase for pre-existing rates in thousands of Chinese goods.

The US argued that China provides used chemicals in fentanyl production.

China has denied any irregularity.

Beijing will impose an additional 15% rate on chicken, wheat, corn and cotton and an extra 10% charge on US soy, sorghum, pig, beef, water products, fruits and vegetables, and dairy imports of 10 March, the Ministry of Finance in a statement announced.

“US unilateral tariffs seriously violate the rules of the World Trade Organization and undermine the basis of economic and commercial cooperation between China and the US,” China Ministry of Commerce said in a separate statement.

“China firmly protects its rights and legitimate interests,” he added.



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