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Beijing to respond to US’ $300 bln tariffs on Chinese imports, says State Council

On August 1, Trump announced new tariffs amounting to 10% on roughly $300 bln worth of Chinese products to be introduced starting September 1

BEIJING, August 15. /TASS/. The Chinese government will be forced to respond to import tariffs on Chinese goods totally worth $300 bln to be introduced by Washington, the State Council Tariff Committee said in a statement on Thursday.

"Such steps assumed by the American side ruin the consensus reached by heads of the two countries during their meetings in Argentina and Osaka, and run counter to the right track of the dispute settlement talks. China will be forced to take required countermeasures," the State Council’s statement was quoted by China’s Ministry of Commerce.

On August 1, US President Donald Trump announced new tariffs amounting to 10% on roughly $300 bln worth of Chinese products to be introduced starting September 1. In response, the People’s Republic of China temporarily suspended imports of agricultural products from the United States and said it does not rule out an increase in import tariffs on those goods.

On August 12, Trump declared the decision to delay 10% tariffs of certain goods imported from China until the middle of December following the US-Chinese telephone talks.