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Thursday, August 15, 2019

China Signals Retaliation Against New U.S. Tariffs Imminent

© Reuters.  China Signals Retaliation Against New U.S. Tariffs Imminent© Reuters. China Signals Retaliation Against New U.S. Tariffs Imminent



(Bloomberg) -- China called planned U.S. tariffs on an additional $300 billion of Chinese goods a violation of accords reached by Presidents Donald Trump and Xi Jinping, signaling its intention to impose retaliatory measures.


The short Thursday statement from the State Council Tariff Committee did not say what measures would be imposed.


To contact Bloomberg News staff for this story: Miao Han in Beijing at mhan22@bloomberg.net


To contact the editors responsible for this story: Sharon Chen at schen462@bloomberg.net, John Liu


©2019 Bloomberg L.P.

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