The White House has said China now faces a tariff to 245 percent in the USA “as a result of their reprisal measures,” which is another escalation war escalation between the two largest world economies.
The highest possible tariff is higher than mentioned earlier and mentioned in the information document that the White House has published late Tuesday.
This was accompanied by the Executive Order signed by the President Donald Trump, and which is an investigation into “Risks by national security representing the US reliance on imported critical minerals and their derived products.”
The Chinese Foreign Ministry spokesman Lin Jian was questionable about a tariff of 245 percent at a press conference on Wednesday. “You can ask the American side for the correct tax rate numbers,” Lin said, according to the China News Network report.
“China repeatedly amounted to its ceremonial attitude in terms of tariffs. This trade war was initiated by the United States, and the necessary countermeasures that take China are in order to protect its legitimate rights and justice, which is completely reasonable and lawful, writes Newsweek.
“There are no winners in trade and tariff wars, and China does not want to fight, but in no way it is afraid of fighting.”
Trump has introduced 10 percent of the tariff on imports from all countries. He has temporarily paused the additional “reciprocal” rates set individually for each country, depending on the trading barriers with which the United States is facing, to leave time for negotiations on new agreements.
The exception of that break is China, which faces increasingly higher tariffs from the USA, which corresponds to the measures of retaliation, including other countermeasures.
The Trump administration previously warned the countries not to introduce countermeasures to American tariffs and will be rewarded if they did not.
“No one will be ‘spared’ due to dishonest trade bilars and non-coarine trade barriers used by other countries against us, and especially not China that, far most, treats us the worst!” He wrote Trump on his platform Truth Social 13. April.
“We observe semiconductors and the entire supply chain electronics in the upcoming investigations on national security tariffs.
“What has now been discovered is that we have to produce products in the United States, and that we will not allow to be hostages of other countries, especially hostile trading nations such as China, which will do everything they can do not respect the American people.
“Also, we can’t let them still abuse us in the store, as they do for decades – these days are the end!”
(Vijesti.ba)
