Considering the trend of breaking the World Trade War with trump-ups

US President Donald Trump has tariffed China's $ 60 billion imports on 25%

US President Donald Trump has tariffed China’s $ 60 billion imports on 25%

Beijing … News time

US President Donald Trump takes measures to tackle billions of dollars on Chinese imports by fears of breaking down trade war in the world while Europe is also considering taking revenge on American measures. Defend tariff on first steel and aluminum imports by AFP According AFP and then China’s $ 60 billion imports were tariffed by 25%.The US has targeted the Chinese fields in which Washington claims that China has planted American technology.

In response, Beijing also threatens to tariff the US on its products, and Chinese Ministry of Commerce has also prepared a list of 128 items in this regard. These US goods can be tariffed by 10 to 25 percent. On the other hand, Europe is also considering taking revenge on American measures. French President Emmanuel Macon has warned that Europe will answer Washington’s threats without showing weakness however, there are indications of reducing trade stress on Saturday, America and China have agreed to continue negotiating on trade issues.

According to the Chinese media, Telecom has been contacted between the Chinese vice Prime Minister and the Charge Economy Li Keqiang and the American Finance Minister Steven Mnuchin, Chinese Deputy Prime Minister told the US Minister that Beijing is ready to defend its national interests but hopefully both countries will work together with patience. He described American investigations in Chinese practice related rights-related violations of commercial principles. China also threatened to reimbursement of US $ 3 billion products to the repatriated duty.

Advertisement

No comments.

Leave a Reply