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China will impose a 15 percent tariff on charcoal and LNG imports from the United States in response to the 10 percent fees for Washington on Chinese goods.
China will impose a 15 percent tariff on charcoal and liquefied natural gas imports from the United States, in response to the 10 percent fees in Washington on Chinese goods.
The Chinese Ministry of Finance also announced on Tuesday that there will be 10 percent of the customs tariffs on imports from the United States of crude oil, agricultural machines, large vehicles displacing and small trucks.
She said that the new measures were in response to “raising the tariff unilaterally” by the United States, adding that Washington’s decision “is seriously violating the rules of the World Trade Organization, and it does nothing to solve its own problems, disrupting economic and natural trade cooperation between China and the United States” .
Beijing’s tariff, which is going on, was announced next Monday, shortly after Trump said he would receive a call with President Xi Jinping during the next 24 hours.
On Saturday, US President Donald Trump announced comprehensive measures against major trading partners, including Canada and Mexico, as goods from China face an additional 10 percent tariff in addition to the duties they already bear.
Trump said the measures aimed at punishing countries for their failure to stop the flows of immigrants and not documented, including fentanel in the United States.
However, on Monday, he suspended his threats to the definitions of Mexico and Canada, and an agreement on a 30 -day stand in exchange for concessions to enforce the borders and a crime with the neighboring countries.
During his first term in 2018, Trump began a two -year brutal trade war with China because of its huge American trade surplus, with a tariff for hundreds of billions of dollars of global supply chains and the destruction of the global economy.
To end that trade war, China agreed in 2020 to spend $ 200 billion annually on American goods, but the plan has been out of its path by the Covid epidemic and expanding its annual trade deficit to $ 361 billion, according to Chinese customs data issued last month.
Trump has warned that it might increase the definitions of China more than Beijing stems from the flow of fentanel, the deadly opium, to the United States.
China has called for the problem of Ventanil America and said it would challenge the definitions of the World Trade Organization and take other counter measures, but it left the door open to the conversations.
