Beijing – China announced on Friday that imposing a 34% tariff for imports of all US products since April 10. The new tariff corresponds to the US tariff rate announced by President Trump this week, which he called a “mutual” measure, saying that there are tariffs and other measures in China that exists on the US goods that made up 67% of the trade barriers.
For Mr. Trump The so -called “release” tariffsThe White House used the formula to calculate the amount of all trading practices that consider it unfair from other countries, including currency manipulations, tariffs and other barriers to reach your decision on how to firmly raise almost any other country in the world. Economists questioned the methodology and many Foreign governments complained The levies are unfair and incorrectly represent their trading imbalances from the US
The Beijing Ministry also said in the report that it would introduce more export controls on rare land, which are materials used in high -tech products such as computer chips and batteries.
Samaria and its connections used in the production of aerospace and defense were in the list of minerals. Another item called Gadolinium is used for MRI.
The Chinese Customs Administration said it had dismissed the import of chicken from two US suppliers, Mountaire Delaware and Coastal Processing. It states that Chinese customs have repeatedly discovered furzolidon, drugs banned in China, in the supply of these companies.
In addition, the Chinese government said she added 27 firms to the lists of companies subject to sanctions or export control. Among them, 16 are banned from exporting “double use” goods. Among the lists were Aerotechnologies, Defense Company, and universal logistics that traded with transport and logistics company.
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Beijing also announced on Friday that he had filed a lawsuit against the Trump administration.
Later on Friday, Mr. Trump criticized China's decision to comply with his tariffs, saying in a report on the social media: “China played it wrong, they paniced – the only thing they can't afford!”
This week's opening Trump administration about his massive tariff package proved that the intestines for the world's shares, with American markets that record your terrible day loss Thursday after the pandemic pandemic was hit. The fact that the shares continued in the Asian and European markets on Friday, when China announced its revenge – it became the first country to do it because Mr. Trump announced in the White House on Wednesday.
China and other countries have hoped that new trade agreements with Washington could be reached, and they emphasize that they will negotiate that Mr. Trump has shown that openness, but even close allies, such as the United Kingdom, which suffered with a minimum tariff for the basic rate on Wednesday, also made it clear.