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United States Blasts ‘Unfair’ Chinese Retaliatory Tariffs

Posted April 03, 2018

Under Economic Issues, International Trade Issues


(Agence France-Presse)

The United States, on Monday, blasted as “unfair” Chinese tariffs imposed on 128 US imports worth $3 billion, including fruit and pork, in the latest tit-for-tat over US duties on steel and aluminium.

China’s action, which was decided by the customs tariff commission of the State Council, followed weeks of rhetoric that has raised fears of a trade war between the world’s two biggest economies.

President Donald Trump’s administration had said its duties were aimed at steel and aluminium imports that it deemed a threat to US national security, but China’s Commerce Ministry called that reasoning an “abuse” of World Trade Organization (WTO) guidelines. Click here to read more.

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