Money and business

A new threat from Trump to China with an additional fee of 50%… for this reason

On Monday, US President Donald Trump warned of a heavy imposition of imports from China unless the latter pulled the reprisals imposed.
He pointed out that Washington will start talks on the countries wishing to do so.

American customs duties on China

“Unless China, by tomorrow, the increase of 34% on its long -term trade exploitation mainly, the United States will impose additional recognition of 50% on China as of April 9,” Trump wrote in a post on his Truth Social Social media platform.
China had pledged to take decisive action to defend its economy, a day after customs duties were revealed on American goods and restrictions on the export of rare minerals.
This came as a reaction to the fees imposed by US President Donald Trump, Bloomberg News reported.

The China News Agency (Xinhua) said on Saturday that Beijing will continue to take “decisive measures” to protect its sovereignty, security and other interests.

Chinese fees on America

After the imposition of Trump’s fees, the government of Chinese President Xi Jinping announced the imposition of 34 % fees on all imports from the United States.
As of April 10, this will be in congruent with a level called Trump’s mutual fees for Chinese goods.
The authorities in Beijing announced several other procedures, including the imposition of immediate restrictions on the export of seven types of rare minerals.

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