China retaliatory tariffs on $16 billion US goods to begin on 23 August - ConsultFX

China retaliatory tariffs on $16 billion US goods to begin on 23 August

China's commerce ministry responding to the US tariffs announced earlier here ForexLive They add that the decision by the US to impose the $16 billion worth of tariffs is "very unreasonable" and that they had to make the necessary counter-measures. The tariffs to be imposed on US goods will also be levied at 25%.