China vows to retaliate against US as Trump's fentanyl tariffs loom
China's Commerce Ministry on Tuesday vowed to retaliate against fresh US import tariffs set to take effect later in the day, reiterating its stance that the Trump administration was trying to "shift the blame" and "bully" Beijing over fentanyl flows.
The extra 10% duty US President Donald Trump threatened China with last week is expected to enter into force at 0501 GMT on Mar. 4, resulting in a cumulative 20% tariff in response to what the White House considers Chinese inaction over drug flows. The tariff represents an additional hike to preexisting levies on thousands of Chinese goods.
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