The Chinese government has indicated that if the United States continues to levy the taxes of the Asian Beijing giant giant, it will not respond, because with the current rate level “there is no market acceptance for American goods exported to China.”
China has announced that from April 12 it will rise from 84 % to 125 % rates Especially imported products from the United States, in response to the new rates package approved by Washington.
He has also indicated that if the United States continues to increase the taxes to products of the Asian giant Beijing will not respondBecause with the current rate level “there is no market acceptance for American goods that are exported to China.”
“The imposition of abnormally high rates by the United States to China Seriously violates the rules International economic and commercial, fundamental economic laws and common sense, and forms a completely unilateral practice of intimidation and coercion, “said the Chinese Ministry of Finance today.
In this way, the rate committee of the State Council, in accordance with the legislation of the People’s Republic of China, and the basic principles of international law, “of the April 12, 2025Rate increase the measures for the import of indigenous products from the United States will be adjusted.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
