China threatens retaliation in response to US cartoons
10:26 - 16/08/2019
Information / Baghdad ..
China will have to take inevitable countermeasures in the face of the US decision to impose the latest tariffs on Chinese goods, the Ministry of Finance has confirmed.
The ministry said in a statement that the US customs duties violate understandings reached by the presidents of the two countries, and deviate from the right path to settle disputes through negotiations. The United States said earlier this month it would impose tariffs on Chinese goods worth $ 300 billion as of September 1, effectively covering all Chinese exports to America.
US President Trump backed off part of the plan on Tuesday and announced a delay in tariffs on some of the items on the target list, such as cell phones, laptops and some consumer goods, in the hope of reducing the impact of duties on sales during the US holiday season, but the fees will apply to those products in mid-December. Done / 25