China threatens countermeasures after Trump threatens additional 50% tariff

News Snapshot:

BEIJING (AP) — China threatened Tuesday to take countermeasures against the United States "to safeguard its own rights and interests” in response to President Donald Trump’s threat of an additional 50% tariff on Chinese imports. BEIJING (AP) — China threatened Tuesday to take countermeasures against the United States "to safeguard its own rights and interests” in response to President Donald Trump’s threat of an additional 50% tariff on Chinese imports. The Commerce Ministry statement said the U.S.‘s imposition of “so-called ‘reciprocal tariffs’” on China is “completely groundless and is a typical unilateral bullying practice.” China has taken retaliatory tariffs and...