Trade war begins: China retaliates with 25% tariffs on $34 billion worth of US imports

Just hours after the United States introduced 25 percent trade tariffs on $ 34 billion worth of Chinese goods, Beijing has retaliated with mirror measures against American imports.

“After the United States introduced the new tariffs, China’s reciprocal measures also immediately took effect,” said the spokesman for the Chinese Foreign Ministry Lu Kang.

He did not specify the amount or types of the US goods that will be taxed by China.

China’s commerce ministry earlier said the country has no choice but to fight back after the US “launched the largest trade war in economic history.” Beijing also accused Washington of breaching trade rules of the World Trade Organisation (WTO).

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