China Calls Trump's Tariffs ‘Unilateral Bullying' and Vows Countermeasures
China has come out swinging against President Trump's tariffs and says it will take resolute measures in response. A Commerce Ministry statement Thursday said the tariffs 'violate international trade rules, severely infringe the legitimate rights of relevant parties and represent a typical act of unilateral bullying.'
Trump said Wednesday the U.S. would impose an additional 34% levy on Chinese goods, on top of the 20% tariff on China that Trump imposed earlier this year. Those add to tariffs on Chinese goods from the first Trump and Biden administrations.
China has already retaliated against the 20% tariff but with relatively modest measures. The ministry didn't specify what further steps were planned. China exported $439 billion in goods to the U.S. last year, according to the U.S. Census Bureau, meaning the new tariffs, if upheld, would force a significant reshaping of the Chinese economy.
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Boston Globe
11 minutes ago
- Boston Globe
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13 minutes ago
- The Hill
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Boston Globe
21 minutes ago
- Boston Globe
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