China announces tariff increase from 84% to 125%
“My view of Lara Trump Lara Trump discusses the European Union and China’s tariff deal with the United States and more” about the editing of the evening. “
Shirt On Friday, it has been announced that it will stimulate its tariffs for American imports from 84% to 125%.
This step presents the last escalation of the United States and China.
China noted that it took the step in response to the US rise tariffs, but noted that it does not plan to take revenge on any increase in the US potential.
Chinese President CJ Jin shocks President Donald Trump before the G20 summit in Osak, Japan in June 2019. (Brendan SmiaSki / AFP / Getty Images / Getty Images)
“The use of abnormally high tariffs on China is seriously violating international economic and trade rules, as well as the main economic laws and common sense. It is a completely unilateral violence and coercive practice, “the country said.
“Given the current tariff, there is no market acceptance for goods exported to China if the United States continues to impose additional tariffs on Chinese goods exported to the United States, China will ignore it.”
This is a broken story and will be updated
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