Beijing/Washington, Apr 9 (UNI) The tariff war between the US and China escalated as Beijing imposed a retaliatory 84 percent tariff on American goods today, and declared it wouldn’t back down from a trade war.
Lashing out against President Donald Trump’s tariffs, China’s State Council Tariff Commission said in a statement: “The US escalation of tariffs on China is a mistake upon mistake, severely infringing upon China’s legitimate rights and interests, and seriously damaging the multilateral trading system based on rules.”
In addition to the tit-for-tat tariffs, China’s Commerce Ministry also retaliated against Trump’s tariffs by imposing export controls on 12 American companies and added six more US firms to its “unreliable entity list", the CNN reported.