Trade war: China says will hit back in kind
Beijing, July 6 : China on Friday said it will hit back the US with the same amount of tariffs after Washington imposed 25 additional duties on Chinese goods worth $34 billion.
Even if the Chinese Commerce Ministry said it was forced to respond in kind to the US, which has waged "largest trade war in economic history", it did not specify about the date and timing of the tariffs.
With the Chinese tariffs taking effect, the trade war between the two largest economies in the world will be on. "The US has ignited the largest trade war in economic history," a ministry spokesperson said in a statement.
"The Chinese side, having vowed not to fire the first shot, is forced to stage counter-attacks to protect the core national interests and interests of its people."
These tariffs violate the World Trade Organization (WTO) rules and represent a typical "trade bully", posing a grave threat to the security of global industry and value chains, the statement said.
Moreover, it will hamper global economic recovery and trigger global market turmoil while dealing a blow to many multinationals, enterprises and ordinary consumers.
Instead of serving the interests of US companies and people, the move will prove to be counter-productive and damaging.
The ministry said China will report the relevant situations to the WTO in time and stand with other countries in defending free trade and multilateral mechanisms.
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UP: Misled by GPS navigation, car falls into river from partially constructed bridge, 3 dead
Bareilly (UP), Nov 24: Three people died when their car fell into the Ramganga river from a partially constructed bridge here on Sunday, police said, adding that they suspect the driver was misled by its navigation system into taking the unsafe route.
The accident occurred around 10 am on the Khalpur-Dataganj road when the victims were travelling from Bareilly to Dataganj in the Badaun district, they said.
"Earlier this year, floods had caused the front portion of the bridge to collapse into the river, but this change had not been updated in the system," Circle Officer Ashutosh Shivam said.
The driver was using a navigation system and did not realise that the bridge was unsafe, driving the car off the damaged section, the police said.
There were no safety barriers or warning signs on the approach to the damaged bridge, leading to the fatal accident, Shivam said.
Upon receiving information, police teams from Faridpur, Bareilly and Dataganj police station rushed to the spot. They recovered the vehicle and the bodies from the river, Shivam added.
The circle officer said that bodies had been sent for post-mortem. Further investigation into the matter is underway.
— Bareilly Police (@bareillypolice) November 24, 2024
