BEIJING RETALIATED THE US AS PRINCIPLE OF RECIPROCITY REQUIRES TO




Mustafa AY – TDO- On Monday, Beijing administration essentially took countermeasures to the US' move of levying tariff hike of %15 on Chinese import goods worth of $200 bn  by raising tariff on US import goods worth of $60 bn from %10 to %25. As the principle of reciprocity gives right to retaliate, China will put tariff hike on $60 bn worth of US made goods into effect from June 1 on.