China Commerce Ministry: To levy reciprocal tariffs on some US products
|China Commerce Ministry is set to impose reciprocal tariffs on some US products and halt tariffs concession on US fruits and porks, according to Reuters report.
Key quotes
Wants to avoid further escalation of trade tensions with the US.
Irrational outbound investment has been effectively curbed in Jan-April
No new investment in property, sports and entertainment overseas in Jan-April
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