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Trade war: China to respond to new US duties with 'same scale, intensity'

The US tariffs are expected to target products benefiting from Beijing's "Made in China 2025" industrial development programme

Reuters  |  Beijing 

China will take counter-measures of the "same proportion" and scale if the United States imposes further tariffs on Chinese goods, China's ambassador to Washington said, amid growing fears of an impending trade war. Cui Tiankai made the comments ahead of what is expected to be the announcement this week of U.S. tariffs on $50 billion to $60 billion in Chinese imports following an investigation under Section 301 of the 1974 U.S. Trade Act. "If they do, we will certainly take countermeasures of the same proportion, and the same scale, same intensity," Cui ...

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First Published: Tue, April 03 2018. 21:05 IST