After U.S. President Donald Trump announced $50 billion worth of tariffs on Chinese imported goods, the Chinese regime announced it would hit back with tariffs of its own. The day after Trump’s proposals, China’s Ministry of Commerce announced on March 23 that it would impose about $3 billion worth of tariffs on U.S. imported goods.
A 15 percent import tariff would be levied on 120 types of U.S. products, including fruits, wine, ginseng, and steel pipes. Another tariff, at 25 percent, would target another eight categories, including pork products and recycled aluminum. The Ministry said the tariffs are a direct response to the U.S.-issued tariffs on Chinese steel and aluminum announced earlier this month.