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[size=36]China: We will have to take countermeasures in response to the latest US customs duties[/size]
Economy | 02:21 - 15/08/2019
Follow - up - the balance of News
Finance Ministry said on Thursday that China will have to take countermeasures inevitable in the face of the US decision to impose the latest tariffs on Chinese goods worth $ 300 billion.
The ministry also said 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 from September 1, effectively covering all Chinese exports to the United States.
But US President Donald Trump backed away from part of the plan on Tuesday, postponing tariffs on some of the targeted items such as cell phones, laptops and some consumer goods, hoping to reduce the impact of duties on sales during the US holiday season. However, the duties will apply to those products from mid-December
Finance Ministry said on Thursday that China will have to take countermeasures inevitable in the face of the US decision to impose the latest tariffs on Chinese goods worth $ 300 billion.
The ministry also said 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 from September 1, effectively covering all Chinese exports to the United States.
But US President Donald Trump backed away from part of the plan on Tuesday, postponing tariffs on some of the targeted items such as cell phones, laptops and some consumer goods, hoping to reduce the impact of duties on sales during the US holiday season. However, the duties will apply to those products from mid-December
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