BREAKING NEWS
Breaking

728x90

468x60

Trump: China retaliates, imposes 10% tariffs on US imports



China has imposed tariffs on some American imports, including crude oil, agricultural machinery and liquefied natural gas.

 

CNN reports that the development is in retaliation for the President Donald Trump’s administration’s imposition of 10% tariffs on Chinese imports into the United States.

 

According to the report, the measures were announced by China’s Ministry of Finance on Tuesday.

 

This include a 15% duty on certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks.

 

Chinese government said that the measures take effective on February 10.

 

Tariffs announced by the United States under Trump came into effect on Saturday.

 

Beijing had slammed those tariffs in a statement Sunday and vowed to “resolutely defend its rights” by filing a complaint with the World Trade Organization and taking “corresponding countermeasures.”

Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

No comments

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com