China will rise customs duties on US goods imported into the country from 84% to 125%, officials in Beijing informed.There will be no further increases in import duties, no substance what Washington does, they added.
Wednesday, US president Donald Trump raised duties on Chinese products to 125% in consequence to Beijing's measures in connection with Washington's erstwhile protectionist economical moves.Trump stressed that the increased duties are intended to make China aware that "the deception of the US and another countries is no longer sustainable or acceptable".The China Council Customs Tariff Commission reported in a message issued on Friday that duties on US goods will be increased for the last time to 125%, starting on Saturday in consequence to the duties announced by Trump.‘In view of the fact that, at the current tariff level, it is not possible to accept the US marketplace goods exported to China if the US organization continues to impose duties on Chinese goods exported to the US in the future, the Chinese organization will ignore this’, reads in a statement.The Commission besides criticised "irnormally advanced duties" Trump for Chinese products as "unilateral intimidation and coercion".The U.S. President's decision was "a serious violation of global economical and trade rules, as well as fundamental economical rights and common sense" She stressed.
Translated by Google Translator
source:https://www.rt.com/news/615598-china-us-tariffs-125/
