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China to soon unveil plan for retaliatory tariffs on some U.S. products - Global Times

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China to soon unveil plan for retaliatory tariffs on some U.S. products - Global Times
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.   -   Copyright  CHINA STRINGER NETWORK(Reuters)
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(Reuters) – China will soon unveil a plan to impose retaliatory tariffs on certain U.S. products, the editor in chief of China’s Global Times newspaper said.

“Based on what I know, China will take further countermeasures in response to U.S. tariffs on $300 billion (£245 billion) Chinese goods. Beijing will soon unveil a plan of imposing retaliatory tariffs on certain U.S. products”, Hu Xijin wrote in a tweet http://bit.ly/2ZvZK2M on Friday. The tweet did not give further details.

Global Times is a tabloid published by the Ruling Communist Party’s People’s Daily.

(Reporting by Kanishka Singh in Bengaluru, Editing by William Maclean)

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