China activates countermeasures after U.S. tariffs take effect

Source: Xinhua| 2018-07-06 17:42:22|Editor: Lu Hui
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BEIJING, July 6 (Xinhua) -- China levied countermeasure tariffs on select U.S. imports at 12:01 p.m. Beijing time Friday in response to the new U.S. tariffs, according to the General Administration of Customs.

This came after the United States imposed additional tariffs of 25 percent on Chinese goods worth 34 billion U.S. dollars on Friday, with which Chinese Commerce Ministry said the United States has ignited the largest trade war in economic history.

The Chinese side, having vowed not to fire the first shot, was forced to stage counter-attacks to protect the core national interests and interests of its people.

In response to the U.S. decision to impose additional tariffs on Chinese imports, the Customs Tariff Commission of the State Council decided in mid-June that 25-percent additional tariffs for U.S. products worth about 34 billion dollars, including agricultural products, vehicles and aquatic products, will go into effect from July 6.?

Related:

U.S. has ignited largest trade war in economic history: China's MOC

Chinese, foreign business associations oppose U.S. trade protectionism

Trade war has limited impact on Chinese economy: economist

Commentary: A dark day in history of trade

Commentary: U.S. claims of "economic aggression" reflect Cold War mentality

KEY WORDS: China
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