Beijing: No one can say where the China-US tariff war will eventually end. Trump imposed 145 percent tariff on Chinese goods, then on Friday he put 125 percent tariff on American goods, which spread the net. Not only this, it was also openly stated that Trump has openly violated the International Trade Rules.
China’s State Council Tariff Commission said in a statement on Friday: Tariffs imposed by the United States are beyond general understanding. China says that new tariffs on American goods will be applicable from Saturday night. Making fun of the tariff of America, he said that this is a simple figure game which will be strange one day.
The Chinese Ministry of Commerce said that “China has filed a case in the World Trade Organization after the US increased the tariff.”
According to the latest information, the US has imposed a total of 145 percent tariffs on Chinese goods. China retaliated and imposed 84 percent tariffs on American goods. Also, import of goods from some American companies has also been banned. Along with this, he also said that if there is any problem, then we are ready to talk to solve it.
It is worth noting that China is the only country that has retaliated against the United States.
Donald Trump has imposed tariffs on every country. But they look more angry than China. He has also talked about imposing high tariffs on India.
On the other hand, Trump said on Thursday that after a 90 -day stop, business partners should negotiate with the US by July 9, but the US will impose mutual fees on those who do not do so.
On Wednesday, Trump suspended mutual tariffs on 75 countries for 90 days, which were to be effective from April 9. It is mainly for those with whom business imbalances are.
The US has increased tariffs on imported goods from China to 125%, which will be applicable with immediate effect. In addition, 10 percent additional tax applied in April will also continue. However, in the case of India, the additional tax has been suspended for 90 days in addition to 26 percent tariffs.
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