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The United States on Friday (6) announced the imposition of multi-million dollar duties on various Chinese products, prompting immediate reprisals from Beijing, which denounced "the country's biggest trade war." economic history ".
Washington punctual surcharges decided by US President Donald Trump on a total of 34 billion dollars of Chinese imports, including cars, hard drives,
China reacted immediately and said that she was "obliged to take the necessary countermeasures" to "defend the fundamental interests of the country and its people", according to a statement issued by the Chinese Ministry of Commerce
. Beijing did not give immediate details on the volume and nature of its measures.
China also accuses Washington of launching "the biggest trade war of economic history", with the imposition of these new tariffs, and denounces that "the United States the United States has violated the rules of the World Trade Organization (WTO). "
Chinese Premier Li Keqiang warned the United States Friday that a trade war" does not benefit anyone. "
" If a trade war does not benefit anyone, because it harms free trade and the multilateral process, "Li told Sfia, where he participates in a bloc of 16 EU and BIC countries.
The Trump government imposed tariffs of 25% on 818 Chinese products. A second batch of duties of $ 16 billion and targeted by the Trade Representative Robert Lighthizer will come into effect soon, said Trump, who spoke about a two-week delay "
– A" burglary "-
A total of $ 50 billion in Chinese annual imports will be affected by these measures, designed to compensate for what Trump regards as a theft of intellectual property and
Donald Trump asked Lighthizer to" d & rsquo; Identify $ 200 billion of Chinese goods for an additional 10% tariff. "
These measures can increase to $ 450 billion the value of Chinese taxed products, the vast majority of US imports from the United States. Asian giant ($ 505.6 billion in 2017).
The entry of these current tariffs marks the failure of the months of negotiations between the two major economies of The world accuses China of ir adopted advanced technology patents, either by the US corporate bonds to operate in the market, or at a time when strong industry voice warn of its domestic consequences to the US United
Last year, the US trade deficit with China reached 372.2 billion US dollars
– Industry Concern –
When the The new US Federal Reserve (US Bank) warned that an impending trade war would be a "black cloud in a blue currency" for the local economy
. Uncertainties generated by tariffs and restrictive trade policies can undermine investor and business confidence.
In this regard, a survey of companies confirmed Thursday that they no longer hide their concerns.
The beginning of this war would also confirm the distance between Trump and his party, the Republican, who traditionally defends free trade.
The influential US Chamber of Commerce admitted this week that retaliation from China, Canada, Mexico and the European Union, among others, is already affecting $ 75 billion. US exports.
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