China responds to Trump and increases their rates to American products to 84 %

Date:

The Ministry of Finance announced on Wednesday that the taxes imposed on the US will increase by 50 %, and that will come into effect tomorrow, Thursday.

Beijing did not take Not 24 hours to answer On the Hyordago launched by the US President, Donald Trump. China today announced that it will increase From 34 to 84 % Rates for goods from the United States in response to the extra tax of 50 %, up to 104 %, announced by the Tycoon.

The Ministry of Finance of the Asian country has indicated in a statement that the new rate will come into effect April 10, And that assumes the measure in response to the American “repeated error” to increase the rates for his country – an initially imposed of 20 %, who has added one of 34 %that finally folded.

In addition to new rates, the Asian giant has added 12 American signatures to its export control list and six other companies on the list of “non -reliable” entities.

(We work to expand the information)

Source: EITB

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