China’s top envoy called on the United States to remain “cool-headed” Thursday as Washington threatened to raise the tariff rate on the next $200 billion of Chinese imports. Slapping additional tariffs on Chinese imports — 60 percent of which are made by foreign firms, including American companies — will only ...
The news comes amid reports of the US administration’s plan to impose 25 percent tariffs on $200 billion in imported Chinese goods, according to US-based media. If the United States takes further steps to hinder trade, Beijing will retaliate, Foreign Ministry spokesman Geng Shuang has told a daily news briefing. ...
