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China to slap additional tariffs on $16 billion worth of U.S. goods
China to slap additional tariffs on $16 billion worth of U.S. goods
HONG KONG (Reuters) - China is slapping additional import tariffs of 25 percent on $16 billion worth of U.S. goods ranging from oil and steel products to autos and medical equipment, the commerce ministry said, as the world’s two largest economies escalate their trade dispute.
“This is a very unreasonable practice,” the commerce ministry said on its website www.mofcom.gov.cn, responding to the United States’ decision to slap 25 percent tariffs on another $16 billion of Chinese goods on Aug 23.
https://www.reuters.com/article/us-usa-trade-china-tariffs/china-to-slap-additional-tariffs-on-16-billion-worth-of-u-s-goods-idUSKBN1KT1IW
HONG KONG (Reuters) - China is slapping additional import tariffs of 25 percent on $16 billion worth of U.S. goods ranging from oil and steel products to autos and medical equipment, the commerce ministry said, as the world’s two largest economies escalate their trade dispute.
“This is a very unreasonable practice,” the commerce ministry said on its website www.mofcom.gov.cn, responding to the United States’ decision to slap 25 percent tariffs on another $16 billion of Chinese goods on Aug 23.
https://www.reuters.com/article/us-usa-trade-china-tariffs/china-to-slap-additional-tariffs-on-16-billion-worth-of-u-s-goods-idUSKBN1KT1IW
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
bad for me (I have a little in the stock market)
but perhaps it will send the right message (and hit the right people in the pocketbook) come November.
Rock on, China. 
