A tariff on U.S. seafood does not appear imminent. (AP Photo/Robert F. Bukaty, files)
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China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy as financial markets sank on fears of global disruption.In a separate and potentially bigger dispute, the ministry criticized Trump's decision Thursday to approve a possible tariff hike on Chinese imports worth up to $60 billion over Beijing's technology policy. China's response Friday appeared to be aimed at increasing domestic U.S. pressure on Trump by making clear which exporters, including farm areas that voted for him in 2016, might be hurt.Chinese officials are trying to figure out how to address U.S. concerns, said Jake Parker, vice president for China operations of the U.S.-China Business Council, which represents American companies that do business with China.The latest proposed Chinese tariffs would add a 25 percent charge on pork and aluminum scrap, mirroring Trump's 25 percent duty on steel, according to the Commerce Ministry.The U.S. buys little Chinese steel or aluminum, but analysts have said Beijing would feel obligated to take action to avoid looking weak.However, Chinese officials already insist companies aren't required to hand over technology.
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