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China plans tariffs on USD 60 billion of imports to counter Trump

The Chinese government plans to impose tariffs on USD 60 billion worth of US imports if the Trump administration follows through on its latest trade threats.

China announced a list of USD 60 billion worth of US imports it plans to apply tariffs on should the Trump administration follow through with its latest trade threats.

Duties ranging from 5 percent to 25 percent will be levied on 5,207 kinds of American imports if the US. delivers its proposed taxes on another USD 200 billion of Chinese goods, the Ministry of Finance said in a statement on its website late Friday.

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