China retaliates for 3rd U.S. set of tariffs, files complaint to WTO

China said Tuesday it will impose duties of 5 and 10 percent on $60 billion of U.S. products, after U.S. President Donald Trump escalated the tariff war between the world's two largest economies by announcing 10 percent duties on $200 billion in Chinese imports.In announcing the retaliation, the Commerce Ministry also said Washington's third set of tariffs since July violates World Trade Organization rules, so Beijing has filed a complaint to the body.It criticized the United States for bringing "new uncertainty" to the trade negotiations between the two countries."We deeply regret this," i…READ FULL ARTICLE