US decided to impose tax, China hits back with tax on US products

Beijing, April 5: China in no time hit back by slapping tariffs of worth $50 billion on 106 US products on Wednesday, hours after Washington decided to impose import taxes on 1,300 Chinese products.

The Customs Tariff Commission of the State Council has decided to impose an additional tariff of 25 percent on 106 items of products under 14 categories.

The Ministry said the move was in response to Washington's proposed list of products subject to additional tariffs, which covered Chinese exports worth $50 billion with a suggested tariff rate of 25 per cent.

The date of implementation will depend on when the US government impose the tariffs on Chinese products, the Ministry said.

The Chinese Commerce Ministry said the US move was "an evident violation of rules of the World Trade Organization (WTO)".