Daily Mail: China vows to retaliate with 'necessary countermeasures' against Trump's tariff hikes on $200billion-worth of Chinese goods which take effect today as talks continue
* US Customs and Border Protection imposed the new 25 percent duty on affected US-bound cargoes leaving China after 12.01am on Friday
* The hike comes in the midst of two days of talks between top US and Chinese negotiators to trying to rescue a faltering deal to end a 10-month trade war
* China's commerce ministry said 'necessary countermeasures' would be taken
* Mike Pence said the administration is working 'hour by hour' to reach agreement
* Economists and industry consultants have said it may take three or four months for American shoppers to feel the pinch from the tariff hike
* They say retailers will have little choice but to raise prices on a range of goods
China has vowed to retaliate with 'necessary countermeasures' against US tariff hikes on $200 billion worth of Chinese goods.
President Donald Trump's tariff increase to 25 per cent s took effect on Friday, ratcheting up tensions between the United States and China as they pursue last-ditch talks to try to salvage a trade deal.
China's commerce ministry said today it 'deeply regrets' the tariff hikes but did not elaborate on what specific measures Beijing would take.
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WNU Editor: China's options are limited. The U.S. exports to China a fraction of what China exports to the U.S., and what the U.S. exports to day is already under tariffs and numerous restrictions.
More News On China Saying It Will Hit Back On U.S. Tariffs
China vows to implement ‘necessary countermeasures’ in response to Donald Trump’s US tariff increase -- SCMP
The US just raised tariffs on Chinese goods. China says it will hit back -- CNN
China’s Vice-Premier Liu He ‘came to US against pressure’ to prove Beijing’s sincerity in trade talks -- SCMP
China says it is prepared to respond to all kinds of outcomes on US trade talks -- CNBC
3 comments:
Trump had just (inadvertently) committed to cutting world wide C02 levels by 10%. Who needs the Paris accord when you have Trump.
347 is so funny. US has cut CO2 emissions over the last severals years in large part from switching from coal to gas thanks to the fracking revolution opposed by true (really false) environmentalists.
It is really tiresome to be preached at by Hollyood about intellectual property (IP) theft every time you watch a DVD. While Trump negotiates with China to respect IP, Hollywood and the peckerheads in the peanut gallery back him not.
see them Fake environmentalists as opposed to conservationists.
Conservationists have been around since before WW2 spending their own after tax money. They spend their own money, get results and you do not marching in the streets going emo getting their outrage fix.
Sorry that you misread that. I was afraid that people might and considered rewording it.
My favorite 'environmentalist' was the real thing. He completed a 4 year physics program in 5 years. That's right. But here is the kicker. He took every physics course that was offered and not the bare minimum. The profs loved him. He was the real deal. It wasn't like he was a non-STEM student looking for their righteousness fix.
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