China announces list of 106 US products in retaliatory tariffs

China on Wednesday announced new punitive measures against 106 US products, including penalties on soybean imports, in response to Washington’s planned tariffs on 1,300 Chinese products.

The decision was announced after the Office of US Trade Representative (USTR) on Tuesday published a proposed list of 1,300 Chinese products subject to an additional 25-percent tariff under Section 301 investigation, despite strong opposition from Beijing and US business groups.

Source: CGTN

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