China hits 128 U.S. products with steep tariffs, sparking renewed fears of trade war
Monday, April 2, 2018 | Tag Cloud Tags: China, News, tax, Trade, Trump, War, Washington, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs!
(Worthy News) – China slapped a heavy tariff Monday on U.S. meat, fruits, wine and other products, saying it was a retaliation against President Trump’s import tax on steel and aluminum.
Beijing had warned the U.S. that the tariffs were coming after the Trump administration announced a regime of new tariffs, first on steel and aluminum and then on Chinese high-tech.
China’s Ministry of Commerce said the U.S. had “seriously violated” the principles of non-discrimination under World Trade Organization rules. It said the U.S. also had damaged China’s interests. [ Source: Washington Times (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.