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April 4: China responds to U.S. tariff proposals with restraint |
China's Ministry of Commerce said on April 4 that China has responded with restraint to the U.S. tariff proposals. "I have to say that we were forced to take countermeasures and we have reacted with restraint," Vice Minister of Commerce Wang Shouwen told a press briefing. On April 4, China unveiled a list of products worth $50 billion imported from the United States that will have an additional tariff of 25 percent imposed on them, including soybeans, automobiles, and chemical products. The move was taken after the U.S. administration announced a proposed list of products subject to a suggested additional tariff of 25 percent, which covers Chinese exports worth $50 billion. (Xinhua News Agency April 4, 2018) |
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