Trade War: Donald Trump announced the increase of tariffs on products imported from China



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President Donald Trump announced Sunday that the United States will raise tariffs on China from 10% to 25% next Friday. in the import goods because the negotiations that the two powers maintain for months in terms of foreign trade "continuous, but too slow".

"For the past 10 months, China has been paying 25% tariffs on technology goods to the United States, and 10% to 200,000 million dollars on other goods (…) .The 10% will increase to # 39 to 25%.% On Fridays "Trump said in his personal Twitter account.

In a second tweet, the President imputed this decision to "The trade agreement with China is continuing, but too slowly, while they are trying to renegotiate.

According to Trump, products from China are now entering the United States. "no tax" worth $ 325,000 million, what he intends to end this new tariff of 25%.

Trump had warned late last year that, if he could not reach an agreement with China before March 1, it would increase tariffs on Chinese imports from 10% to 25% by $ 200 billion.

However, Finally, he chose to extend this period to allow a margin of negotiation between the two countries.

Since December Beijing has adopted goodwill measures, such as the reduction of tariffs on vehicles imported from the United States, the resumption of the purchase of soybeans or the introduction of a bill prohibiting the forced transfer of technology.

But As a condition for not increasing tariffs in China, which affect everything from textiles to foodstuffs to fuel, Washington has also asked Beijing to engage in structural reforms. in its economy to, inter alia, protect the intellectual property of US companies.

(With information from AFP)

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