China to Take Countermeasures Against US' Additional 50% Tariffs

MT Newswires Live04-08

China's Commerce Ministry on Tuesday said it will take countermeasures against the US's threat of an additional 50% tariff on Chinese goods.

The tariffs ordered by US President Donald Trump are "groundless," adding the measures are a "typical unilateral bullying practice," the ministry said.

The 50% tariff threat will go on top of the 54% already imposed so far against the world's number two economy. The additional tariffs are seen to take effect Wednesday.

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