China retaliates with additional 50 percent tariff on US goods, matching Trump’s

China has announced retaliatory measures against the US in response to the latest tariffs, including an additional 50 percent tariff on American goods and adding 12 US companies to its export control list. The US had recently imposed a 50 percent levy on Chinese goods, prompting China to reciprocate with the same rate. The European Union is also expected to confirm its own retaliatory measures soon, following a vote today.

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