China Pledges to Retaliate If Trump Boosts Tariffs on Friday

May 8, 2019 10:58 AM
 
China will have to take necessary countermeasures if the U.S. puts its plan to hike tariffs on Chinese imports into effect, its Ministry of Commerce said

(Bloomberg) -- China will have to take necessary countermeasures if the U.S. puts its plan to hike tariffs on Chinese imports into effect, its Ministry of Commerce said.

The escalation in trade friction is not in the interest of the people of China and the rest of the world, the ministry said in a two-sentence statement.

China would be “deeply regrettable” if the U.S. moves ahead with its plan to increase tariffs on $200 billion of Chinese imports to 25% from 10% on Friday, the ministry said in the statement.U.S. Notice Says Tariffs on $200b of China Goods Go Up Friday

 

©2019 Bloomberg L.P.

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Comments

 
Spell Check

Whodat
Southern, LA
5/8/2019 04:17 PM
 

  Hope the Rumpster has a plan B for corn, milo and soybeans. Like E100 and B100.

 
 
Steve
Hazelwood, MO
5/8/2019 04:30 PM
 

  tRump couldn't care less about anyone not named tRump. It totally amazes me that people still defend that criminal. In spite of all of the crap that keeps popping up (most recently that he lost $1,000,000,000.00 billion dollars during the past decade and paid ZERO taxes), ignorant farmers keep supporting him. When will it occur to you people that his man is all about tRump and not about you or what is important to the country. He doesn't even realize that the trade tariffs are paid in large part by US consumers!!! I am not a Democrat, but I smell a rat that is working on ruining our country and using his office to enrich tRump.

 
 
PJ Jahn
Ptown , IL
5/8/2019 06:41 PM
 

  "Trade wars are so easy to win!", "I love U.S. Ethanol, and fully support, and defend the RFS!", "Making American Farmers Great Again!", yeah? All from the Phony, Counterfeit, Reneging, Lying Conman, Traitor/Trader Trump! How is that working out for you, eh?

 
 

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