CHINA'S STAND ON ITS STAND ON TRADE COLLISION
US President Donald Trump has ordered the administration to consider raising import duty of 10 percent on Chinese products worth $ 200 billion to 25 percent. According to an American newspaper, Trump has asked the US Trade Representative on Wednesday to consider doubling the import duty on Chinese products. These products made by China include fish, petroleum, chemicals, refrigerators, handbags and other accessories.
25 percent increase in import duty on China products
However, the final decision on this is not expected to be taken before September. US Trade Representative Robert Liteyzer said in a statement, "The potential for potential hike on the import duty on Chinese goods is to encourage China to change its harmful policies. "
While imposing 25 percent tax on US, Chinese Foreign Ministry spokesman Geng Shuang said that China is firm on its stance on trade collision. The spokesman said, "China's stand is strong. There will be no change in this. America will not work to blackmail us and pressure us, and if America continues its provocative activities, then we will also give proper reactions to it. "
On 16th June, the announcement of the addition fee
Tell us, American President Donald Trump had already announced the increase in taxes on products imported from China by referring to business activities in theft and immoral way of intellectual property. After that in response to the action, China also announced raising 25 percent tax on 659 US products of $ 50 billion. With the declaration of tax increase by both the nations, trade war has reached the peak
US President Donald Trump has ordered the administration to consider raising import duty of 10 percent on Chinese products worth $ 200 billion to 25 percent. According to an American newspaper, Trump has asked the US Trade Representative on Wednesday to consider doubling the import duty on Chinese products. These products made by China include fish, petroleum, chemicals, refrigerators, handbags and other accessories.
25 percent increase in import duty on China products
However, the final decision on this is not expected to be taken before September. US Trade Representative Robert Liteyzer said in a statement, "The potential for potential hike on the import duty on Chinese goods is to encourage China to change its harmful policies. "
While imposing 25 percent tax on US, Chinese Foreign Ministry spokesman Geng Shuang said that China is firm on its stance on trade collision. The spokesman said, "China's stand is strong. There will be no change in this. America will not work to blackmail us and pressure us, and if America continues its provocative activities, then we will also give proper reactions to it. "
On 16th June, the announcement of the addition fee
Tell us, American President Donald Trump had already announced the increase in taxes on products imported from China by referring to business activities in theft and immoral way of intellectual property. After that in response to the action, China also announced raising 25 percent tax on 659 US products of $ 50 billion. With the declaration of tax increase by both the nations, trade war has reached the peak
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