China has prepared a list of retaliatory tariffs on United States exports to China worth billions of dollars in response to President Donald Trump’s proposed tariffs against Chinese goods.
On Wednesday, the Chinese state-run Global Times, affiliated to the ruling Communist Party’s official People’s Daily, said in an editorial that the list would target a large number of major items imported from the US.
The Chinese Ministry of Commerce has already announced that retaliatory tariffs will be slapped on imported fruits, beverages, meat, steel pipes, and more than 100 other goods made in the USA.
Trump ordered his tariffs on Chinese imports last week.
‘Making America pay a price’
The Global Times said the US was naive to think it could make China agree to unreasonable demands as the Asian country’s economy is strong and stable and has “weathered bluster before from previous US administrations.”
The widely-read English-language…