China threatens to take countermeasures if U.S. imposes new tariffs

News Snapshot:

An aerial view of Xiasha Container Terminal on a canal in Hangzhou in east China's Zhejiang province Sunday, April 06, 2025. (Chinatopix Via AP) BEIJING — 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 the ministry hinted more many be coming. “The countermeasures China has taken...