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China says has no choice but to retaliate against latest U.S. tariffs

Posted by: Admin | Posted on: September 18th, 2018 | 0 Comments

BEIJING (Reuters) – China has no choice but to retaliate against the latest U.S. tariffs and hopes the United States would correct its behavior, the commerce ministry said on Tuesday in a statement, without specifying what actions it will take.

U.S. President Donald Trump escalated the trade war with Beijing on Monday, imposing 10 percent tariffs on about $200 billion worth of imports, in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations.

Reporting by Beijing Newsroom; Editing by Kim Coghill

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/u86EMHPLGxc/china-says-has-no-choice-but-to-retaliate-against-latest-u-s-tariffs-idUSKCN1LY0UV

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