There is a China answer: Ministry of Finance China announced the introduction of additional 84 % duties for all goods imported from the United States. The new fees are to be effective from April 10.
The US was imposed on additional duties on China: From Wednesday (April 9), duties on imports from China in the amount of 104 percent came into force. This year, Donald Trump has already imposed 20 % duties on Chinese imports. Last week he announced an additional 34 % duties on China As part of mutual tariff activities, but after China announced the retaliation duties, he imposed an additional 50 % duties.
China is not allowed to Trump: Already earlier announcements from China strongly suggested that additional duties would not go unnoticed. The Ministry of Trade of China published a statement a few days ago, in which it warned that “if USA They will insist on their own, China will fight to the end. “And as you can see, they are fighting. Also the spokesman for the Chinese Ministry of Foreign Affairs Lin Jian said that Beijing will never accept this kind of” intimidation “. According to the authorities in Beijing, the American administration abuses the customs mechanism to” intimidate “and” put pressure “on other countries.
China has a plan: The Foreign Ministry spokesman announced directly that if USA They really want to solve disputed issues in trade, they should do it through negotiations and in the atmosphere of equality and mutual respect. In Beijing, the Council of State will gather at a special meeting. After it, the Chinese economy support package and actions aimed at stabilizing the market after introducing duties are to be announced.
The article will be updated.