China is retaliating against the US by planning a counterpart “entity list”

To hit back at America’s attack using tariffs as a weapon in the escalating trade war aiming at curbing China’s economic development, Beijing on Saturday started imposing up to 25% tax on $60 billion worth of US goods, primarily on agricultural products like peanuts, sugar, and wheat. The authorities are simultaneously creating their own “entity list” targeting companies in the US which discriminate against Chinese enterprises in ways such as closing up supply chains for non-commercial reasons.