Trump's new duties: From Wednesday, April 9, duties on goods imported from China to USA will be raised up to 104 percent – says the CNBC station, which refers to the White House official. On Monday, President Donald Trump threatened to raise duties by as much as 50 percent, if China They will not cancel 34 % retaliation tariffs for American products to be introduced on Thursday, April 10. Trump gave Beijing until midnight from Tuesday to Wednesday.
Trump sharply to China: President USA he wrote in the context of the latest duties that He will suspend negotiations with Beijing. “All conversations with China regarding meetings with us will be closed. Negotiations with other countries that also demanded the meeting will start to take place immediately” – he wrote on Monday, April 7 in social media.
The EU has concerns: The chairwoman of the European Commission Ursula von der Leyen talked on Tuesday with the Prime Minister of China Li Qiang and emphasized the need for changes in the global trade system after the introduction of American duties. She noted that the European Union and China as the two largest global markets are required to prepare the system “free and fair tradebased on equal conditions. “The European Union is afraid that China after the introduction of American duties massively redirect the import of cheap goods from the USA to Europe.
There is a UN reaction: The Secretary General of the United Nations Organization Antonio Guterres said on Tuesday that “Nobody wins“In the trade war. – Trade wars are extremely negativehave no winners, everyone usually loses because of them – said the boss UN.
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Sources: CNBC, Donald Trump (Truth Social), UN, European CommissionIAR