Business tensions move to war between powers. Within 24 hours of raising the sentence on China with a fee of 145% of the Trump administration Will raise its rates from 84 to 125% For all US products until April 12.
This Friday was reported from Beijing from the Ministry of Finance: “First First There is no chance of market acceptance of US products exported to China China will not pay any attention if the US continues to impose fees for Chinese products exported to their country, with the amount of current fees. ”
Beijing’s response to Washington occurs during a high voltage between its business relations, and the White House approved the local CNBC chain, the fees on China would not be 125%, initially Donald Trump, Donald Trump, They will be more than 20 aggressive points. This Thursday, the United States President referred to the United States They will conclude that “the most beneficial to both countries” negotiate. “We will see what is happening to China and we want to reach an agreement,” he said when he asked journalists after his cabinet meeting.
Waiting to see how this tariff expansion develops, the fact is that when the Chinese ministry report declines, it is practically a barrier in its business transfer. To understand the size of this conflict in statistics, we are talking $ 585,000 million in suspense (512,663 million euros, for current change). This amount is similar to the trade of goods accumulated last year. It in this balance China holding more meat in GrillSince he exported 440,000 million, he imported 145,000 million in the United States.
