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Retaliate

China vows to retaliate in response to latest US tariff measures

BEIJING: China plans to impose tariff measures of similar size and intensity in its bid to fight back against the United States, as the world’s two largest economies engage in a bitter trade dispute. The comments by the country’s commerce ministry came within minutes of US President Donald Trump’s announcement that the United States would adopt a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged further levies if China took retaliatory steps. “China is…

U.S. allies hit back at Washington’s steel, aluminum tariffs

WASHINGTON/PARIS: Canada and Mexico retaliated against the U.S. decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war. The tariffs, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential exemptions and suggested a hardening of the Trump administration’s approach to trade negotiations. The measures, touted by President Donald…

Turkey says it will retaliate if US halts weapons sales

ANKARA: Turkey will retaliate if the United States enacts a proposed law that would halt weapons sales to the country, Foreign Minister Mevlut Cavusoglu said on Sunday. Lawmakers in the US House of Representatives released details on Friday of a $717 billion annual defense policy bill, including a measure to temporarily halt weapons sales to Turkey. In an interview with broadcaster CNN Turk, Cavusoglu said the measures in the bill were wrong, illogical and not fitting between the NATO allies. “If the United States…

Iran will retaliate if US renews sanctions, says Khamenei

TEHRAN: Iran will retaliate if the United States renews sanctions next month, supreme leader Ayatollah Ali Khamenei warned on Wednesday. "In the issue of the nuclear deal, the current administration has committed several violations, the latest of which is the renewal of the 10-year sanctions," Khamenei said in a televised speech to thousands of members of the Basij Islamist volunteer militia. "If these sanctions happen, it is absolutely a breach of the JCPOA," he added, referring to last year's deal with world powers…