The worldwide trade conflict goes to the next round: US President Donald Trump gives China time until Tuesday afternoon to take back the Tellert rates of 34 percent. If Beijing refuses, Trump wants to increase rates against Chinese goods by another 50 percent.
Trump gave Chinese leadership at an appointment in the White House by Tuesday noon. – 6 p.m. after Central European time – Time to reverse the rates against the United States. Otherwise, his new, even higher rates would come into effect on Wednesday.
China: American progress is “blackmail”
If the United States continues to escalate its customs measures, “China will take countermeasures,” responded the Chinese Ministry of Commerce. The US is “extortion”. China will never accept this.
“Not the right way”
“We have emphasized more than once that this is not the right way to put pressure on China,” said the Chinese embassy spokesperson, Liu Pengyu. China will determine his legitimate rights and interests. China had introduced against -Tariffs at Trump’s rates, also 34 percent announced by Trump for goods from China.
Trump’s course restless worldwide
In a post about the social platform of truth, Trump mentioned China as the “biggest culprit”. The markets there were on a downfield, although Beijing had announced contra-tariffs of 34 percent on American import, he wrote.
Trump’s political course causes uncertainty worldwide. The markets are under pressure. US Federal Research Chief Jerome Powell recently warned about increasing inflation and delayed economic growth for the United States.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
