Beijing’s reaction to the US threat to the 5 % tariff against China
reports Mehr News Agency Issuance in response to the US threat to impose a 5 % tariff on its goods: The US threat to the 5 % tariff against China shows that Washington has reached an irrational level in using tariffs as weapons.
A statement issued by the Chinese Ministry of Commerce: China will not pay attention to the US-made game with tariff figures, but if the United States continues to violate Beijing’s rights, China will respond.
The US government under Donald Trump’s presidency, who has launched a tariff war against China, had previously threatened to impose a 5 % tariff imposition of tariffs.
In his latest executive order, Trump has ordered a comprehensive national security investigation into the import of rare minerals to the US Department of Commerce in his latest executive order. The decree also provides a description of the tariffs announced on April 7.
The White House said in a statement: China is currently facing a 5 % tariff on imports to the United States as a result of its retaliatory measures. From the very first day, Trump began the “US First” trade policy to bring back to America (Trump’s election slogan).
China increased customs duties on imports of American goods to 5 %. Trump, as the beginning of this trade war, raised tariffs on Chinese imports to 5 %, but suspended tariffs on other countries for five days.