MOC: CHINA TO SLAP TARIFFS ON MORE US IMPORTS

    China will impose 25% tariffs on $50 billion worth ofimported goods from the US such as aircraft, China's Ministry of Commerce (MoC)announced late on April 4. The move was Beijing's response to the announcementof the United States Trade Representative (USTR) the previous day thatWashington intends to apply tariffs of 25% to some 1,300 Chinese industrialproducts.

    China will impose 25% tariffs on $50 billion worth ofimported goods from the US such as aircraft, China’s Ministry of Commerce (MoC)announced late on April 4. The move was Beijing’s response to the announcementof the United States Trade Representative (USTR) the previous day thatWashington intends to