The Donald Trump has applied a $ 200 billion tariff for Chinese items for the third time
Washington and Beijing … News Time
China’s investment and industries are working in 60% of the new ones. And she is going to invest more. Economic experts have declared the trade war between China and the United States as the largest trader of history. US President Donald Trump looks to be China’s growing trade, investment and political influence due to intense confusion. The Donald Trump has applied a $ 200 billion tariff for Chinese items for the third time, and in January 2018, Safe Guard tariff was applied to the washing machine and the solar cell.
In February, China announced a year-old subsidy in Sorghum imported from the US in March, the United States imposed a tariff on the steel and aluminum products imported from China. In March, China set a $ 3 billion tariff on the imported goods from the US. In April, the United States applied a tariff on $ 50 billion while China responded that he would implement 25 percent tariff on US 106 items. China complained to the US in the World Trade Organization under section 301. In April, China announced that it will collect anti-dumping tariffs on the sorghum of one billion dollar imported from the US. After meeting a meeting between the two countries in Washington in May, China eliminated the investigation on sorghum.
In June, Beijing, USA, and Chinese officials met in 2018 to offer US $ 25 billion worth of goods. In June, the United States announced a tariff on China’s import of $ 50 billion again; China started considering 200 billion tariffs on Chinese goods, in response, China made a list in which the tariff declared US $ 60 billion on imported goods. In July, White House increased sugar prices of US $ 34 billion. During August, the United States had implemented 25 percent tax on 16 billion items in second phase and now the US has imposed a new tax worth $ 200 billion worth more than 5000 Chinese goods. Economic experts say that Washington and Beijing’s commercial warfare can exploit the global economy with a new crisis.
