China plans to take legal action against the US under the World Trade Organization framework, the Commerce Ministry said in a statement Friday.
(Bloomberg) — China announced plans for reciprocal tariffs on $3 billion of imports from the U. S., including products from steel to pork, after President Donald Trump’s move to order levies on a range of Chinese goods sent markets plunging.
China plans to take legal action against the U. S. under the World Trade Organization framework, the Commerce Ministry said in a statement Friday. It plans a 25 percent tariff on U. S. pork imports and 15 percent tariffs on American steel pipes, fruit and wine, the statement said.
