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China will counterpunch US with $34 billion in tariffs – report

China will counterpunch US with $34 billion in tariffs – report

Publicerat av Tony Harkén onsdag, 04 juli 2018.

Beijing has prepared reciprocal tariffs against the United States, which will be introduced on the same day Washington implements tariffs on $34 billion of Chinese imports, according to Reuters.

“Our measures are equal and being equal means that if the US starts on July 6, we start on July 6,” a source in Beijing told Reuters. “The implementation time for all policies starts at midnight.”

On June 15, the Trump administration said it would introduce additional 25-percent duties on 818 items of Chinese imports worth $34 billion on July 6.

Read more at - https://on.rt.com/993c

Publicerat av

Tony Harkén

kina

Klockan i Hong Kong, Kina

CN - Time