Article snippet: China announced Sunday that it is implementing new tariffs on more than 120 U.S. imports in response to MORE’s recent decision to increase taxes on imported steel and aluminum. The Chinese Ministry of Finance announced that it will impose a 15 percent tariff on 120 products, including fruits and other commodities, according to China's state news agency Xinhua. It will also impose a 25 percent tariff on pork and related products. The tariffs will reportedly go into effect starting Monday. U.S. and international lawmakers warned Trump against implementing the tariffs, saying they could spark a trade war. Trump brushed aside those concerns, saying trade wars are “good and easy to win.” Several countries have since negotiated temporary exemptions from the steel and aluminum tariffs. In addition, Trump announced late last month his administration plans to target China in particular with tens of billions of dollars in tariffs and penalties on imports to try to curb its efforts to steal intellectual property from U.S. companies. Sponsored The Hill 1625 K Street, NW Suite 900 Washington DC 20006 | 202-628-8500 tel | 202-628-8503 fax The contents of this site are ©2018 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc. Link to the full article to read more