GENEVA – China has notified the World Trade Organization it is imposing $611.5 million worth of retaliatory tariffs on $2.75 billion worth of U.S. imports, including pork, nuts and ethanol, in response to U.S. duties on aluminum and steel, a WTO document showed.
The document, dated last Thursday but posted only after the Easter public holidays, came after China said late on Sunday it has increased tariffs by up to 25 percent on 128 U.S. products, escalating a dispute between the world’s biggest economies.
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