China deeply regrets US tariffs, will take countermeasures - Chinese Delegation

Omkar Godbole FXStreet Contributor

China on Friday said it "deeply regrets" the US decision to hike tariffs on $200 billion worth of Chinese goods to 25% from 10%, according to Reuters.

The world's second-largest economy also vowed to take necessary countermeasures without disclosing details of how it plans to retaliate.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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