In a new revenge for Donald Trump, China raised a tariff against American goods to 125 %. Busty, Beijing said that with the current level of prices, there is no market for US products in the country.

“Praise” and something that violates a healthy sense. This is the way to the tariff policy by Donald Trump in the statement of the new wave of prices against Americans.

The Chinese Ministry of Commerce re -named the bullying tariff and the numbers game without economic meaning. A letter approved by the country’s leader, Xi Jinping.

In its first statement on the trade war, She said that he is not afraid of deepening the conflict of customs tariffs And that either side will win the situation.

One topic that the eleventh is not raised is the possibility of negotiating with Trump. The United States government believes that the Chinese will not take the first step to avoid seeing it as “weak”.

However, the Republican team insists that Xi Jinping should request a contact with Trump. This is because Trump does not want to make the first movement as well and expects something to contact us. But on the second consecutive day, Trump publicly commented on the possibility of an agreement with China.

Last Thursday, The President of the United States expressed optimism about the negotiations. On Friday, the role of the speaker was The White House claims that the country is open to talks.

“The president, as I said on the stage a few days ago, will be great if China intends to agree with the United States. If China continues to take revenge, it is not good for China. But the president made it clear that he is open to an agreement with China,” Levitte said.

The new height in Chinese definitions brings another layer of anxiety to Trump. According to a study by the University of Michigan, American consumers feel very pessimistic about the economy, in the worst number since 1952.

The perspective is due to the high fears of inflation, the increase in unemployment and the decrease in exports to China. A worse commercial relationship between the two sides will harm the states such as California, Texas and Washington, which sells many products to the Chinese, and includes more than 246,000 functions related to shipping.

Story Credit

LEAVE A REPLY

Please enter your comment!
Please enter your name here