The United States has prepared a new blow in the trade war with China



[ad_1]

According to him, duties will be increased by an additional 10 percent imported from China. The presidential administration explained that they had taken such a step after the parties did not reach an agreement on existing trade disputes.

Orrin Hatch, chairman of the US Senate Finance Committee, quickly commented on Washington's threat.

On July 6, US President Donald Trump's decision to impose duties of 25% on goods imported from China came into force. Beijing in turn accused Washington of triggering the biggest trade war in history, as well as the violation of the rules of the World Trade Organization (WTO). The Chinese side also said countermeasures against the United States had already begun to operate

Washington-Beijing relations deteriorated in 2018 after the United States announced the introduction of protectionist measures affecting Chinese goods. One of the reasons for these restrictions was the high level of the trade deficit. In response, China took steps to import from the United States, which caused dissatisfaction in Washington.

[ad_2]
Source link