China Vows to Take ‘Necessary Countermeasures’ After US Tariff Hike, Stalling Talks
- China Vows to Take ‘Necessary Countermeasures’ After US Tariff Hike, Stalling Talks
by https://www.rt.com/
China plans to take “necessary countermeasures” in response to the US’ decision to increase tariffs to 25 percent on $200 billion in Chinese goods, a decision China’s Commerce Ministry said it “deeply regrets.”
–
The ministry did not elaborate on what those countermeasures might be, but added in a statement that it hoped the US could come to a mutually satisfactory agreement with China through “cooperation and consultation.”
–
Beijing’s statement was made as the increase in tariffs took effect at the turn of midnight on Friday Eastern Time, between two days of desperate talks aimed at rescuing a trade deal that has been in the making for months now.
–
read more.
end