China-Hungary Relations: A "Golden Voyage" Has Begun
Chinese leader Xi Jinping described the relationship between China and Hungary as embarking on a "golden voyage" following a meeting in Budapest with Hungarian Prime Minister Viktor Orbán
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.
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