Print Edition - 2018-09-11  |  Money Digest

China promises retaliation if US imposes tariffs

BEIJING

Sep 11, 2018-

China’s government says it will retaliate if Washington goes ahead with more tariff increases following President Donald Trump’s comment that he was considering extending penalties to more Chinese imports. A foreign ministry spokesman, Geng Shuang, said Monday that Beijing “will definitely take countermeasures to safeguard its legitimate rights” if Trump goes ahead with a new round of tariffs.Beijing and Washington have imposed 25 percent import duties on $50 billion of each other’s goods in a battle over technology policy. The Trump administration is poised to decide whether to extend that to another $200 billion of Chinese goods. (AP)

Published: 11-09-2018 09:14

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