Stock markets fell after Beijing hit back against Donald Trump’s imposition of tariffs on Chinese steel and aluminium with a swath of retaliatory duties on 128 imported American products, including pork and apples. “As the world’s two largest economies, cooperation is the only correct option.”Q&A Which US products is China imposing tariffs on? Show Hide Beijing had announced fresh tariffs on imports of 128 US products, a market worth almost $3bn per year. China, the third largest consumer of US pork, bought $1.1bn in pork products from the US last year, according to the US Meat Export Federation. The state-owned Xinhua news on Monday called Trump’s tariffs a “self-defeating gamble.” The editorial, published in English, said: “The threatening tariffs, if realized, may hurt China.

Source: The Guardian April 02, 2018 16:22 UTC