China Imposes Retaliatory Duties on 800 Goods from US

07.06.2018, 15:27
America, Asia, World

Reuters

The Chinese authorities have imposed 25% duties on imports from the United States worth about $34 bln a year, according to a statement by the Main Customs Administration of the People's Republic of China, TASS reports.

According to the US Customs and Border Service, the United States on July 6, introduced the first installment of 25% import duties for 818 items of Chinese goods for the total amount of $34 bln. As a countermeasure, China simultaneously introduced 25% duties on goods worth a similar amount, Xinhua agency reported referring to the statement.

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