Reuters/Jason Lee
- The Chinese government responded quickly to the as President Donald Trump’s tariffs went into effect at midnight ET on Friday.
- The Chinese Ministry of Commerce called the tariffs “typical trade bullying” and said Trump “launched the largest trade war in economic history.”
- China also promised that it would respond with trade restrictions of its own to counteract Trump’s decision.
The Chinese government wasted no time responding to President Donald Trump’s tariffs and promised swift action in retaliation to the trade restrictions.
In a statement released shortly after the midnight ET, China’s Ministry of Commerce called the tariffs — which impose a 25% duty on $ 34 billion worth of Chinese exports to the US — “typical trade bullying” and warned that retaliation would be swift.See the rest of the story at Business Insider
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See Also:
- IT’S ON: Trump’s trade war kicks off with tariffs on $ 34 billion worth of Chinese goods
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- China may be disrupting US companies because of Trump’s tariff threats
SEE ALSO: IT’S ON: Trump’s trade war kicks off with tariffs on $ 34 billion worth of Chinese goods
