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Published: 21/05/2012 09:45
US President Donald Trump and Chinese President Xi Jingping. Photo of Saul Loebo (Reuters / Scanpix)
New US tariffs on Chinese goods came into effect from Thursday to Friday, becoming the first trade mark between the world's two largest exporters.
Since July 6 The US government has imposed a 25% import duty on a total of 818 different Chinese products. The import value of these goods is about 29 billion. Eur .. Per year
The Chinese Ministry of Commerce said shortly after the entry into force of US tariffs that China was obliged to retaliate, which would imply a 25% duty on $ 29 billion. Eur value for US goods imported to China, such as agricultural products and cars.
"The United States has embarked on the largest trade war in economic history.This type of taxation is a typical commercial harbadment that seriously threatens the safety of the industry and the value chain, hindering the recovery of the global economy, causing alarming global markets, "said Friday the Chinese Ministry of Commerce. , aircraft parts, computer hard drives for sewing needles. The WU wrote that they were targeting "China's prominent industrial technologies," many of which related to the Chinese industry's strategy "made in China in 2025"
"The United States has caused this commercial war, we do not want to fight it. Gao Feng, spokesperson of the Chinese Ministry of Commerce Thursday
It is feared that a trade war between the two largest exporters will have a negative impact on global trade and growth. 19659011] Write a comment
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