China Imposes New Taxes on Imported US Meat and Fruit
China said it imposed new customs taxes on US meat, fruit and other products as a retaliatory measure for Donald Trump's taxes on imports of steel and aluminum, AP said.
The Chinese finance ministry said the new customs taxes will take effect today.
The statement was made following the warnings made by Chinese authorities in recent weeks in an aggravating trade dispute with the United States.
China has increased its import duty by 25% on eight US imports, including pork, and imposed a new 15 percent duty on 120 US-imported goods including fruit.
- » China's Economy Grew 6.6% in 2018, Slowest Rate in 28 Years
- » Here's Every Lunar Eclipse You Can See for the Next 10 Years
- » Bulgaria's Euro Membership Not Before Mid-2022: EU's Dombrovskis
- » The Independent: Attempt to Turn Bulgarian National Park into Ski Resort Defeated in Court
- » Bulgarian National Bank 2018 Indicators Report
- » Bulgarian Businesses and Trade Unions Request Meeting with PM over High Power Prices on Energy Exchange