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China to take measures to latest U.S. tariffs

China vows to take necessary counter measures to the latest U.S. tariffs on $300 billion of Chinese goods, the Finance Ministry said.

The ministry also said the U.S. tariffs violate a consensus reached by leaders of the two countries and get off the right track of resolving disputes via negotiation.

The U.S. said early this month it would slap duties on $300 billion of Chinese goods from Sept. 1, which would effectively cover all of China’s exports to the U.S.

But President Donald Trump backed off part of the plan on Tuesday, delaying duties on some of the items on the list such as cell phones, laptops and other consumer goods, in the hopes of blunting their impact on U.S. holiday sales.

Tariffs will still apply to those products from mid-December.

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