You are here
China eyes measures against US imports to balance tariffs on steel, aluminium
[SHANGHAI] China's commerce ministry said on Friday that the country was planning measures against up to US$3 billion of US imports to balance US tariffs against Chinese steel and aluminium products, amid a brewing trade war between the two countries.
The country has put together a list of 128 US products that could be targeted if the two countries are unable to reach an agreement on trade issues, China's Ministry of Commerce said in a statement on its website.
US President Donald Trump signed a presidential memorandum on Thursday targeting up to US$60 billion in Chinese goods with tariffs, but only after a 30-day consultation period that starts once a list is published.