China new tariffs on US imports

On  worldwide objections, the U.S. administration decided to impose a 25-percent tariff on steel imports and a 10-percent tariff on aluminum, with tariffs on imports from countries including China.

In retaliatory acts, China  said, it is rolling out new tariffs on US meat, fruit and other products as retaliation against taxes approved by US President Donald Trump on imported steel and aluminum.

The Chinese Finance Ministry said in a statement that the new tariffs come into effect from today. The announcement follows warnings Chinese officials have made for several weeks in an escalating trade dispute with the United States.

China  imposed tariff   on 128 products.

China suspended tariff concessions on 128 items of U.S. products including pork and fruits starting Monday, according to the Ministry of Finance.

The Customs Tariff Commission of the State Council has decided to impose a tariff of 15 percent on 120 items of products imported from the United States including fruits and related products, and a tariff of 25 percent on eight items of imports including pork and related products from the country, according to a statement posted on the ministry website.

The statement said it was a countermeasure in response to a previous U.S. move to slap tariffs on steel and aluminum imports.

 

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