China to hit US soya beans, cars, planes worth US$50b with retaliatory tariffs

April 04, 2018 4:25 PM

BEIJING (AFP) – China on Wednesday (April 4) announced plans to hit the United States with new tariffs of 25 per cent on soya beans, airplanes, cars and other imports worth US$50 billion (S$65.6 billion), hours after Washington unveiled its own target list.

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