ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home World News

China threatens US with retaliation

19th June 2018
in World News
1
PRESIDENT XI
Share on FacebookShare on Twitter

NAN

The latest threat by President Donald Trump to impose additional tariff on Chinese goods has prompted China’s immediate reaction to retaliate.

China will fight back firmly with “qualitative” and “quantitative” measures if the US publishes an additional list of tariffs on Chinese goods.

The commerce ministry accused the US of initiating a trade war.

US President Donald Trump threatened on Monday to impose a 10 per cent tariff on $200 billion of Chinese goods, saying the move was in retaliation for China’s decision to raise tariffs on 50 billion dollars in US goods.

“Such a practice of extreme pressure and blackmailing deviates from the consensus reached by both sides on multiple occasions, and is a disappointment for the international community,” according to a statement by the ministry, on Tuesday.

“The US has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the US, but of the world,” the ministry said.

If the United States publishes a new list of tariffs, Beijing will take strong countermeasures to safeguard the interests of China and its people, the ministry said.

On June 14, Trump announced the US would impose 25 tariffs on 50 billion dollars’ worth of Chinese goods and China responded by saying it would hit 659 US products worth 50 billion dollars.

These include agricultural products, cars and marine products with a similar tax.

The US tariffs already announced affect more than 800 Chinese products worth 34 billion dollars in annual trade and they are due to come into effect on July 6.

The product lines range from aircraft tyres to turbines and commercial dishwashers.

The US asked China to stop practices that allegedly encourage the transfer of intellectual property – design and product ideas – to Chinese companies, such as requirements that foreign firms share ownership with local partners to access the Chinese market.

The US announced plans for tariffs in April after an investigation into China’s intellectual property practices.

Tags: China’s immediate reaction to retaliatedonald trumptariff on Chinese goods
Segun Adio

Segun Adio

Related Posts

UN condemns deadly mosque attack in Pakistan
World News

UN condemns deadly mosque attack in Pakistan

31st January 2023
Erdogan
World News

Erdoğan signals NATO support for Finland, leaving Sweden in the cold

30th January 2023
Israel to ‘strengthen’ settlements after shooting attacks
World

Israel to ‘strengthen’ settlements after shooting attacks

29th January 2023
Next Post
POLLS

DRC committed to hold polls on Dec. 23, FM assures Angola

ROYAL

Japan’s Royal Family visits Russia first time since 1916

NIGERIA

Nigeria risks collapse, says rights lawyer

Comments 1

  1. Ezekiel Okeke says:
    5 years ago

    Southern Countries Union- SCU which comprises Asia, Africa, South America and parts of Europe led by Russia, Turkey representing Europe, China, India, Japan, Indonesia representing Asia, Brazil, Mexico representing South America, Egypt, South Africa representing Africa, under which China exist, dictates trade relations and conditions etc. with America in this 21st century world international order in which America has no power, has no legitimacy, has no say. This is 21st century world international order. 20th century world international order is dead and gone forever with the fallen America, the dead fraudulent UN etc. God Is With Us!!!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

AfDB’s financing for women busineseshits  $1bn

LIRS boss, Subair, bags Vanguard Public Sector Icon Award

IMF projects moderate economic growth at 3.8% for Sub-Saharan Africa

Edo receives 780,000 litres of PMS, as govt projects scarcity’ll end soon

Coca-Cola’s  continues its strategic intervention in environmental sustainability

Nigeria Decides 2023: Reps’ fury over CBN’s cat and mouse game

Trending

Osinbajo unveils book on The Guardian on Thursday in Lagos
Business

Cashless system helps in tracking election financing –Osinbajo

1st February 2023
0

Vice President Yemi Osinbajo says a cashless policy, when effectively operated in Nigeria, can help stem the...

Enugu condemns attack on farmers

Enugu govt, World Bank splash N3.4bn grant on farmers

1st February 2023
Heightened political tension weakens market indices by 0.53%

Nigeria’s Eurobonds down again after Moody’s rating downgrade

1st February 2023
AfDB

AfDB’s financing for women busineseshits  $1bn

1st February 2023
LIRS boss, Subair, bags Vanguard Public Sector Icon Award

LIRS boss, Subair, bags Vanguard Public Sector Icon Award

1st February 2023
ADVERTISEMENT

Follow us on social media:

Latest News

  • Cashless system helps in tracking election financing –Osinbajo
  • Enugu govt, World Bank splash N3.4bn grant on farmers
  • Nigeria’s Eurobonds down again after Moody’s rating downgrade
  • AfDB’s financing for women busineseshits  $1bn
  • LIRS boss, Subair, bags Vanguard Public Sector Icon Award
  • IMF projects moderate economic growth at 3.8% for Sub-Saharan Africa
  • Edo receives 780,000 litres of PMS, as govt projects scarcity’ll end soon
  • Coca-Cola’s  continues its strategic intervention in environmental sustainability
  • Nigeria Decides 2023: Reps’ fury over CBN’s cat and mouse game
  • Nigeria Decides 2023: Reasons Deltans should vote for PDP –Sheriff Oborevwori
  • Nigeria Decides 2023: Osun Tribunal verdict has shown loopholes in BVAS technology Adewale, PDP Lagos West candidate
  • Rivers’ll punish PDP national leadership –Wike
  • You’ll end well in office –Primate of Nigeria Anglican church tells Governor Ugwuanyi
  • Reps approve Buhari’s N1trn loan request, defer approval on N22.7trn extra-budgetary spending
  • Gates Foundation earmarks $35m for Nigerian, African farmers
  • Stride ERP CEO unveils new plan for standard package
  • Enugu doctors, national disability group make case for Mbah’s election 
  • 3 arrested for illegal sale of children in Abia
  • 2 die, 2 pregnant women, 2 kids rescued as fuel tanker rams into tricycles in Lagos 
  •  Widow tells court how husband was murdered 

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation

© 2019 The Sun Nigeria - Managed by Netsera.