Speed Reads

tit for tat

China raises tariffs on U.S. products including pork, fruit

China's Finance Ministry announced Monday that in response to President Trump imposing tariffs on Chinese steel and aluminum last month, the country is raising import duties on several U.S. products, including pork and fruit, by up to 25 percent.

A spokesman for the ministry told The Associated Press the U.S. tariff increase "has seriously damaged our interests," and China's response is "a proper measure adopted by our country using World Trade Organization rules to protect our interests." In 2017, U.S. farmers sent almost $20 billion worth of products to China, including $1.1 billion in pork alone.