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Beijing’s move is a response to the 125 % duties announced by the White House earlier this week
Beijing officials said China would raise the customs tariff for American goods coming to the country from 84 % to 125 %. He added that there will be no other increase in import duties, regardless of what Washington is doing after that.
On Wednesday, US President Donald Trump raised customs duties on Chinese products to 125 % in response to the measures imposed by Beijing on the previous protective economic moves in Washington.
Trump stressed that the increasing duties aim to make China realize this “The United States of America and other sustainable or acceptable countries are no longer.”
The Customs tariff committee of the Chinese State Council said in a statement on Friday that the customs tariff for American goods will be raised for the last time, to 125 %, starting from Saturday in response to the duties announced by Trump.
“In light of the fact that in light of the current tariff, there is no possibility to accept the market for American goods that are exported to China, if the American side continues to impose a tariff on the Chinese goods that were exported to the United States in the future, the Chinese side will ignore it,” Read the statement.
The committee also criticized Trump “Unnaturally high” On Chinese products such as “Bullet is one side and coercion.” The move is represented by the American President “A dangerous violation of international economic and commercial rules, as well as the basic economic laws and a good sense,” Emphasized.
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