The Ministry of Commerce has promised her to fight the customs duties imposed by the US president’s “to the end” that he would impose additional duties 50% on the world’s second economy if Beijing does not withdraw the countermeasures he announced.
“The US threat of escalating customs duties at the expense of China is a mistake added to a mistake (…) China will never accept that. If the US insists on following their own path, China will fight (duties) to the end, “said a Chinese Ministry of Commerce spokesman.
It is recalled that yesterday Monday, April 7, the US president asked China to take back tariffs of 34% within 24 hours. Otherwise, additional 9 duties will be imposed on April 9.
What does Trump’s threat mean
US tariffs on Chinese products will reach 104% if Beijing maintains its countermeasures in Donald Trump’s tariff attack, the White House said today at the French News Agency (AFP).
According to the White House, Chinese products will impose additional duties of 104% upon entering the US territory if Donald Trump implements his last threat, taking into account the sum of the duties announced by the US leader after his return.
