TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
China slaps retaliatory tariffs on 128 US imports
Change Size
China's President Xi Jinping (left) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9, 2017. (Agence France-Presse/Nicolas Asfuri)
C
hina on Monday imposed new tariffs on 128 US imports worth $3 billion, including fruits and pork, in retaliation to US duties on steel and aluminium, fuelling fears of a trade war.
Beijing's move, which the Xinhua news agency said was decided by the custom tariffs commission of the State Council, follows weeks of heated rhetoric and threats between the world's two biggest economies.
President Donald Trump is seeking to cut the massive US trade deficit with China.
Beijing had warned last month that it was considering the tariffs of 15 percent and 25 percent on a range of products that also include wine, nuts and aluminium scrap.
The levies are in response to the aluminium and steel tariffs that have also angered US allies from Europe to Canada and Australia.
Trump, however, has temporarily suspended the tariffs for the European Union as well as Argentina, Australia, Brazil, Canada, Mexico and South Korea.
The US leader has also unveiled plans to impose new tariffs on some $60 billion of Chinese imports over the "theft" of intellectual property
