China announced a new customs tax of 125% on imports from the United States.
This is an increase compared to 84% announced on Wednesday. It is the same as the current American customs tax in Chinese products.
This is in accordance with the form that appears in this trade war, where China adjusts the increase in customs customs installation.
Beijing says he won’t answer any additional customs duties.
China claims that “abnormally high customs taxes” which was now imposed “seriously violate international and economic trade rules, basic economic laws and common sense principles, and that it is completely unilateral violence and threat.”
Recall, the Chinese leader Xi Jinping said that his country was “not scared” in his first public comments about the escalating trade war with the United States, who sunk international markets and caused fears of the global recession.
“There are no winners in the trade war, and the opposition to the world will only lead to independent isolation,” said the Spanish Prime Minister Pedro Sánchez in Beijing on Friday, according to the CCTV State Television.
“For more than 70 years, the development of China rely on independence and hard work – never on the gifts of others, and is not scared of any unjust combustion,” XI added, CNN reports.
“No matter how external circumstances change, China will remain secure, focused and concentrated in good management of their own jobs,” he concluded.
(Vijesti.ba)
