USNMix Report: US big
action,
2.5 times increases on the duty of goods imported from China.
The Ministry said, "It
is expected that the US and the Chinese side will work together to solve
existing problems through cooperation and consultation." China said that
it is "deeply sorry" of this move of the United States and it must
take "necessary counter-measures" for this.
2.5 times increases on the duty of goods imported from China.
The US has increased import
duty from 10 percent to 25 percent on China for $ 200 billion Chinese products.
The US has increased the
import duty on Chinese products of $ 200 billion to more than doubling from
Friday from 10 percent to 25 percent. Along with this, business
war erupted between the two countries has become stronger. "The US has
increased import duty on US $ 200 billion exports from China from 10 percent to
25 percent," the Chinese Ministry of Commerce said on its website.
Trump accused of bargaining
on Beijing, Here President Donald Trump says that the US and China had reached
'very close' to the trade agreement, but Beijing started bargaining again in
this regard. At the moment, the world's two largest economies are not able to
reach even around any agreement to end the grueling trade war between them.
Import duty increased to
stop China
Trump told reporters on
Thursday that this step was necessary to stop China. Trade war is going on
between the two countries since heavy imports of trump imported steel and
aluminum from China in March last year. This has led to the fear of a global
trade war. China's response has also imposed a charge on US imports.
Trump says the US will have
the advantage of $ 120 billion
Trump said, "We were
very close to compromising but they started bargaining again. We can not do
this. "Later, China's Vice Premier Liu He held a meeting with US
business representative Robert Lighthizer. Trump defended his decision saying
that his country could get $ 120 billion in fees in a year, mostly from China.
Whether imported or not imposed on China's import, Trump seems comfortable with
both of these conditions.
Comments
Post a Comment