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China to set tariffs on US goods


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China to set tariffs on US goods

Post by rocky on Wed 04 Jul 2018, 3:20 am

China to set tariffs on US goods

2018/07/04 10:45

(Encyclopedia of this day , news | News Iraq ) -

- Chinese fees on US goods worth $ 34 billion will come into force as of midnight on July 6, Beijing's official Xinhua news agency said, amid rising trade tensions between the world's two largest economies.

Washington said it would impose a $ 34 billion Chinese import duty on July 6, and Beijing promised to respond on the same day.

But the 12-hour time difference gives Beijing precedence in the actual application of fees.

"Our actions are the same, and the same means that if the United States starts on July 6, we will start on July 6," the source told Reuters on condition of anonymity because he was not authorized to speak to the media.

"The timing of the implementation of all policies starts at midnight."

Note: The content of the article (Reuters: China sets a date for the application of fees on US goods) was published first on the site (Al-Ghad) and does not bear the encyclopedia of this news day content in any way. 
You can find out the details of this address (Reuters: China sets charges for US goods) through its original source (Al Ghad Channel).

    Current date/time is Thu 20 Sep 2018, 11:14 pm