China will have to retaliate against the US latest decision to impose new tariffs on Chinese imports, the Chinese Commerce Ministry said on Tuesday.
MOSCOW (Pakistan Point News / Sputnik - 18th September, 2018) China will have to retaliate against the US latest decision to impose new tariffs on Chinese imports, the Chinese Commerce Ministry said on Tuesday.
On Monday, US President Donald Trump said that the United States would impose fresh 10-percent tariffs on $200 billion of Chinese goods that would take effect on September 24. On January 1, the tariffs are expected to rise to 25 percent.
"We express deep regrets about this [new US tariffs]. To defend our legitimate rights and safeguard the global order of free trade, the Chinese side will be forced to respond. The US side's decision to introduce tariffs has brought uncertainties to negotiations between both sides. We hope the US side can realize the negative results triggered by such actions and make corrections in a convincing manner," the ministry's statement read.
