UPDATE 1-China lodges tariff case at WTO against the U.S.

HONG KONG/GENEVA, Sept 2 (Reuters) – China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday. The United States began imposing 15% tariffs on a variety of Chinese goods on Sunday and China began imposing new duties on U.S. crude oil, the latest escalation in their trade war. China did not release details of its legal case but said the U.S. tariffs affected $300 billion of Chinese exports.

Source: yahoo.com/news