China vows fight against Trump's latest tariffs as stocks sink

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 83%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

BEIJING - China on Friday vowed to fight back against US President Donald Trump's abrupt decision to slap 10 percent tariffs on the remaining $300 billion in Chinese imports, a move that ended a month

BEIJING - China on Friday vowed to fight back against US President Donald Trump's abrupt decision to slap 10 percent tariffs on the remaining $300 billion in Chinese imports, a move that ended a month-long trade truce.

"We can't just go and make an even deal with China. We have to go and make a better deal with China," Trump told reporters at the White House. "We won't accept any maximum pressure, intimidation or blackmail," Hua told a news briefing in Beijing. The 10 percent duties, which Trump announced in a series of Twitter posts after his top trade negotiators briefed him on a lack of progress in talks in Shanghai this week, would extend tariffs to nearly all Chinese goods that the United States imports.

China is also drafting a list of "unreliable entities" - foreign firms that have harmed Chinese interests. US delivery giant FedEx is under investigation by China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks plunge on US-China trade war worriesBEIJING — Global stock markets plunged Friday after President Donald Trump's surprise threat of tariff hikes on additional Chinese imports.
Source: manilabulletin - 🏆 25. / 51 Read more »