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The Wall Street Journal: China says its own tariffs will kick in only after a U.S. move

BEIJING — Chinese customs bureau said on Thursday that it would implement Chinese tariffs on U.S. products immediately after U.S. tariffs take effect.

The announcement came after China’s State Council said on Wednesday that it won’t fire the first shot in the trade fight with the U.S., refuting media reports saying Beijing’s tariffs will take effect Friday at midnight Beijing time, which would be 12 hours ahead of the planned implementation of the U.S.’s tariffs on $34 billion worth of Chinese products, owing to the time difference.

Read:How will investors know if there’s a full-blown trade war? Here’s what Wall Street says

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