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Today, on July 6, US and Chinese tariffs have begun to work, as they are expected to reduce shipments of goods between countries by billions of dollars. According to CNN, these trade measures and countermeasures are the most stringent.
Yes, US President Donald Trump announced the introduction of 25% tariffs for more than 800 items from China, including medical equipment, auto parts and other goods machinery construction China said that the United States started "the biggest trade war in the history of the economy". The PRC also introduced mirror countermeasures – 25% of import duties were imposed on US goods for a total of $ 34 billion.
In the United States, they also announced that they planned to introduce new tariffs for Chinese goods. The People's Republic of China has already announced its intention to respond to these measures.
According to the Voice of America, the agricultural regions of the United States will suffer tariffs from China, and I have a large number of Trump voters. Rates will hit the US soybean import, which is about $ 14 billion. It will also increase soybean prices in China and allow Brazil and other South American countries to penetrate this product into the Chinese market.
On July 6, 2018 the Government Chinese announced the introduction of import duties of 25% for US products totaling $ 34 billion
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