Chinese officials announced retaliatory tariffs aimed at the United States on Saturday that target American exports such as electric cars, soybeans, and whiskey. China’s…
Chinese officials announced retaliatory tariffs aimed at the United States on Saturday that target American exports such as electric cars, soybeans, and whiskey.
China’s commerce ministry made the announcement in a statement, calling the Trump administration a «provocateur» on trade issues and warning that the country would «fight back strongly,» The Associated Press reports.
The tariffs, which will go into effect June 25, includes 25 percent duties on soybeans, electric cars, orange juice, whiskey, lobsters, salmon and cigars, the finance ministry told the AP in a statement.
According to the report, the selected products were chosen to minimize their impact to the Chinese economy — namely items that can be imported from elsewhere — while also targeting U. S. exports from rural areas that voted more strongly for President Trump .
