“The Ministry of Commerce stated (as reported by AFP) that China is very unhappy and firmly opposes the tariffs.”
US President Donald Trump previously signed an order imposing tariffs on products from Canada, China, and Mexico. For China, the rate will stand at 10%; for Mexico, it will be 25%; for Canada, it will be 10% on energy and 25% on other imports.
Should the nations opt to respond to the U.S., the tariffs will be raised. Canada and Mexico have declared their intention to impose countervailing duties and have not excluded additional actions.
source: news.afp.com
US President Donald Trump previously signed an order imposing tariffs on products from Canada, China, and Mexico. For China, the rate will stand at 10%; for Mexico, it will be 25%; for Canada, it will be 10% on energy and 25% on other imports.
Should the nations opt to respond to the U.S., the tariffs will be raised. Canada and Mexico have declared their intention to impose countervailing duties and have not excluded additional actions.
source: news.afp.com