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Economy

China to take countermeasure after U.S. imposes new tariffs

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2018-09-18 15:46:03chinadaily.com.cn Editor : Mo Hong'e ECNS App Download

China will have to take countermeasures to respond to the U.S.' fresh tariff decision, in a move to safeguard the country's legitimate interests and the global free trade order, the Ministry of Commerce said on Tuesday.

The ministry said it "deeply regrets" that in spite of the overwhelming international and domestic oppositions, the U.S. announced a 10 percent tariff on $200 billion worth Chinese goods starting from Sept 24 and will also adopt other tariff measures.

The U.S. insists on leveraging tariff hikes, which brings new uncertainty to the negotiations between the two sides, the ministry said.

The ministry added it hoped that the U.S. will recognize the potential negative consequences of its tariff actions and correct them in a timely manner.

  

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