The American-China trade war heated on Wednesday, since the tariffs of President Donald Trump about China rose to a total of 104 percent and China retaliated by announcing an 84 percent tax on US assets.
China furiously denounced Trump’s tariffs as “hegemonic” and asked the world to join Trump’s “harassment.”
The Chinese Ministry of Finance announced The retaliation rate of 84 percent on Wednesday, several hours before an expected retaliation of the European Union.
China said it was “inevitable” that it would execute a commercial surplus against the United States, and has the “determination and the media” to continue fighting Trump’s tariffs.
The Customs Tariff Commission of the Council of State for China – That Chinese Cabinet is effective – saying Trump’s tariff climbing was an “error in addition to an error,” he violates “China’s legitimate rights and interests, and” seriously undermines the multilateral trade system based on the rules. “
“China urges the United States to immediately correct their incorrect practices, cancel all unilateral tariff measures against China and properly resolve differences with China through dialogue equal to the basics of mutual respect,” said the commission of customs tariffs.
In addition to raising their own rates, China’s reprisals included With attention 12 US entities to your export control list.
The Chinese Ministry of Commerce said that new export controls on “double use” products, which could have military applications, were necessary to “safeguard national security interests and comply with international obligations such as non -proliferation.”
“These entities can participate in activities that can endanger the national security and interests of China, and any export operator will not violate the previous provisions,” said the ministry.
Six of the recently designated “unreliable entities were the American technological companies, including Shield AI Inc., Sierra Nevada Corporation, Cyberlux Corporation, Edge Autonomy Operations LLC, Group W and Hudson Technologies Company. The activity that supposedly made them “unreliable” was to sell military technology to Taiwan.
The Chinese Foreign Ministry on Wednesday furiously denounced The last Trump tariff increases as a “hegemonic and harassment movement.”
“If the United States really moves to solve the problem through dialogue and negotiation, it should be that people see that they are ready to treat others with equality, respect and mutual benefit,” said foreign ministy spokesman Lin Jian.
“If the United States decides not to worry about the interests of the United States, China and the rest of the world, and is determined to fight a rate and a commercial war, China’s response will continue until the end,” he threatened.
When the Chinese state media agency Xinhua intervened to (fake) Greet the Chinese economy as a “strong magnet for foreign investment”, Lin Tok, the question planted as an opportunity to resort to the rest of the world to meet with Beijing against Trump.
“China is ready to work with all parties to defend the true multilatery, jointly oppose various forms of unilateraism and protectionism, calm the risks, address challenges and promote universally beneficial and inclusive economic globalization,” he said.
