From Boeing to Soybeans, China Has a Long Retaliation List
- Donald Trump plans tariffs on $50 billion of Chinese goods
- China announces tariffs on $3 billion of U.S. exports
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China’s $3 billion counter punch to Donald Trump’s tariffs is just the first move from the world’s second-largest economy. History suggests it won’t be the last.
The Commerce Ministry in Beijing said it will impose import taxes on the U.S., including a 25 percent tariff on U.S. pork imports and recycled aluminum, and 15 percent tariffs on American steel pipes, fruit and wine.