China vows to hit back over U.S. proposal for fresh tariffs


  • World
  • Wednesday, 11 Jul 2018

FILE PHOTO: Workers ride on an motor rickshaw through an aluminium ingots depot in Wuxi, Jiangsu province in this September 26, 2012 file picture. REUTERS/Aly Song/File Photo

BEIJING/WASHINGTON (Reuters) - China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion (£151.5 billion) of Chinese goods in a move that rattled global markets.

China's commerce ministry said on Wednesday it was "shocked" and would complain to the World Trade Organisation, but did not immediately say how Beijing would retaliate in the dispute between the world's two biggest economies. In a statement, it called the U.S. actions "completely unacceptable".

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Report urges fixes to online child exploitation CyberTipline before AI makes it worse
Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo
South Korea, Romania pledge defence cooperation amid reports of contract in works
Ukraine launches military charm offensive as conscription flags
Your brain waves are up for sale. A new law wants to change that.
Russian drone attack injures seven in Ukraine's Odesa, officials say
In Brazil, hopes to use AI to save wildlife from roadkill fate
As consumers lose millions to gift card scams, US lawmakers pressure businesses
Elon Musk loses Australia court hearing on Sydney knife attack posts
This updated version of the Atlas robot is ready to start work

Others Also Read