Daily News

China calls U.S. a ‘trade bully’; hits back with tariffs, WTO challenge

July 06, 2018
After the U.S. on Friday imposed tariffs on $34 billion worth of Chinese goods, Beijing responded in kind, retaliating against an equivalent amount of U.S. goods and updating a World Trade Organization challenge to the U.S.’ Section 301 measures. The U.S. tariffs, announced on June 15, took effect shortly after midnight on July 6, targeting products which are part of China’s “Made in 2025” industrial plan. China’s tariffs, announced shortly after the U.S.’ in June, went into effect at 12:01...


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