New story in Business from Time: China Vows ‘Measures of the Same Strength’ in Response to U.S. Tariff Hikes

New story in Business from Time: China Vows ‘Measures of the Same Strength’ in Response to U.S. Tariff Hikes

(BEIJING) — China on Wednesday vowed to take measures of the “same strength” in response to a U.S. tariff hike on $50 billion worth of Chinese goods in a spiraling dispute over technology policy that has fueled fears it might set back a global economic recovery. The Commerce Ministry said it would immediately file a …