China warns that it will adopt a new rule of countermeasures and “fight until the end” if the US imposes additional 50% tariffs
The bad thing about climbing is that they may not have an end. China has shown on Tuesday an energetic rejection in the face of the new threat of US President Donald Trump, to impose an additional round of 50% tariffs on imports from the Asian country, which would almost double the taxes up to 104%. “China firmly opposes this. If the United States intensifies its tariff measures, China will resolutely adopt to safeguard their own rights and interests,” said a spokesman for the Ministry of Commerce, as collected by the official Xinhua agency.
Trump threatened Monday with that extra 50%, after China responded on Friday with a battery of blunt countermeasures to the announcement last week that the United States will raise in 34% the rates to Chinese products; These, in turn, are added to 20% that the Republican has already imposed, which leaves the tax at 54% at the moment, which plans to enter into force on Wednesday. The Chinese response includes bars in different sectors, such as the imposition of 34% tariffs on all products imported from the United States and export restrictions of products derived from various rare earths.
China considers that the countermeasures adopted in front of the tycoon’s setting are “completely legitimate” and that these “aim to safeguard their sovereignty, their safety and development interests.” “The threat of the United States of increasing tariffs against China is one error after another and once again exposes the chantajista nature of the United States.” China, the spokesman has completed, will never accept it. “If the United States insists on following its own path, China will fight until the end,”.
