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The Nexus
BUSINESSJul 27 · 11:53 UTCSCMP CHINAXiaofei Xu

China condemns US over new Section 301 tariffs – but holds off on retaliation

China's Ministry of Commerce criticized the US for imposing new Section 301 tariffs on Chinese goods, calling them unilateral and protectionist, but indicated it will not retaliate immediately. The ministry noted the 12.5% duty remains within the ceiling set by the Trump administration in prior negotiations.

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China condemns US over new Section 301 tariffs – but holds off on retaliation · The Nexus