Dragon’s new puffs … China’s 125% tariff bomb in response to America’s 145%


Beijing:

No one knows where the tariff war between China and America will stop. Trump put a tariff of up to 145 % on Chinese goods, so now the dragon has left the answer to the American. China said on Friday that it would impose 125 tariffs on American goods. China has described Trump’s tariff as an open violation of international trade rules. The State Council Tariff Commission of Beijing said in a statement on Friday that the tariff imposed by the US is beyond comprehension. According to China, its new tariff will be implemented from Saturday night. China laughed in the US tariff and said that this is the head numberge, which will remain a joke one day.

China’s Commerce Ministry said that China has also filed a lawsuit in the World Trade Organization after the US fee hike. According to the latest US notification, China is charged a total of 145 percent. China had earlier retaliated by imposing 84 percent duty and banned the imports of some American companies. At the same time, he also expressed interest in talking with America to resolve this issue. China is the only country that has retaliated against the US fee.

Please tell that Donald Trump is putting tariffs on all countries. But some more upset with China. America has also said to impose more tariffs on India. However, US President Donald Trump said on Thursday that at the end of the 90-day break, the trading partner country which will not be able to compromise with the US by July 9, will be put on the originally declared recipe at the US.

US President Donald Trump on Wednesday postponed the counter -fee to implemented on April 9 on 75 countries with which America’s trade imbalance is. However, the US has ‘immediately effective’ to 125 percent of the duty rate on imports from China to 125 percent. However, a high fee of 10 percent effective effective will continue from April 5. In the case of India, an additional fee of 26 percent paid for export to the US has been postponed for 90 days.



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