China and the US have imposed billions of dollars of new import tax on each other’s products
Washington, Beijing … News Time
China and the United States have imposed billions of dollars of new import tax on each other’s product, and there has been a conflict between the two major economic powers of the world. China has warned against the biggest trade war in history, after the new US import tax on sugar exports, China has also imposed additional imports worth $ 34 billion from US $ 6 billion on US imports, the Trump Administration in the United States had announced these additional import products already on Chinese products, and this decision was implemented on 6th July last day.
China warned that on the other side, if the process of implementation of this trumpet administered this single process so the Beijing government will not delay any response, along with Beijing, it was also clear that China will also put new extra products on its imported US products, the same value, the same as the announcement of the implementation of the new import taxes of the US, kept the imports of Chinese products.
As soon as additional US products were practically implemented, Beijing also said that same time. Other products that have been imported on China’s imported imports in China have also become effective. According to reports from the various news agencies meeting of the Chinese capital, Beijing has said that the US had done this commercial war, with which China was compelled to respond to the attack, America is the world’s largest economy, after which China is named second. According to experts, these measures worth $ 68 billion against Washington and Beijing each other have become a huge trade war. This can appeal the global economy to a new crisis.
