An additional tariff of 25% will be levied against 2,493 goods including liquefied natural gas, the ministry said, and an additional tariff of 20% will be imposed on 1,078 products.
Beijing previously set additional rates of 5% and 10% on 5,207 US products worth US$60 billion in September, and warned at the time that it would counter any higher tariffs imposed by Washington on Chinese products. “China’s adjustment on additional tariffs is a response to US unilateralism and protectionism,” the ministry said. “China hopes the US will get back to the right track of bilateral trade and economic consultations and meet with China halfway.”
The United States on Friday activated a new 25% duty on more than 5,700 categories of products from China, even as top Chinese and US negotiators resumed trade talks in Washington. US President Donald Trump had ordered the new tariffs, saying China “broke the deal” by reneging on earlier commitments made during months of negotiations. China has denied the allegations.
Go ahead, a tooth for a tooth ...