China puts metals into retaliatory duty frame while Trump trade war intensifies [UPDATED]

The Chinese government is poised to directly target the US non-ferrous metals and ore sector in the tit-for-tat trade war launched by US President Donald Trump.

Beijing has highlighted metals and ores in a list of products that may be subject to retaliatory tariffs to the United State's third list of duties on Chinese tech, drafted over alleged thefts of US intellectual property.
The US Trade Representative (USTR) had said in August it was consulting on plans to increase existing 10% duties on Chinese tech exports to 25%. In response, Beijing said it would impose more retaliatory duties on US exports worth $60 billion.
Instead, the US imposed 10% tariffs on a further $200 billion of Chinese exports on Tuesday September 18.


INS - Keith Nuthall

September 18, 2018

09:18 GMT