Article from The Hill by Brett Samuels.
China announced Sunday that it is implementing new tariffs on more than 120 U.S. imports in response to President Trump’s recent decision to increase taxes on imported steel and aluminum.
The Chinese Ministry of Finance announced that it will impose a 15 percent tariff on 120 products, including fruits and other commodities, according to China’s state news agency Xinhua. It will also impose a 25 percent tariff on pork and related products.
The tariffs will reportedly go into effect starting Monday.
The Chinese had previously indicated they would unveil reciprocal tariffs after Trump announced that steel imports will be taxed at 25 percent and aluminum imports at 10 percent.
Read the entire article at The Hill.
