China Hits Back at Trump With Planned Tariffs on $3 Billion of U.S. Imports

  • Pork, steel, wine, fruit all face higher tariffs in China
  • China urges U.S. to resolve trade dispute through dialogue
Bloomberg’s Tom Mackenzie reports on China’s response to President Trump’s tariffs.(Source: Bloomberg)
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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.