Thus Beijing responded to extended duties imposed respective days ago by US president Donald Trump. The Republican referred to China's retaliation on social media.
China will impose duties on US goods. Donald Trump: They panicked
In assessing China's movement, the American leader stated that "They played it wrong". “They have panicked – that is the only thing they cannot afford” – added in the entry on the platform fact Social.
Previously, Donald Trump, besides referring to customs, but those he imposed on many countries as well as on the European Union, defended his decision.
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"For many investors coming to the United States and investing immense amounts of money, My policy will never change.“ The president of the United States declared. According to the Republican, "it's a large time to get rich more than always before."
Donald Trump introduced customs. China calls for their abolition, and they have besides filed a complaint
Also on Friday, the Chinese Ministry of Finance reported that it had turned to the planet Trade Organisation (WTO), due to the imposition of additional duties by the United States.
‘China complained to the WTO for measures taken by the United States", stressed the Communication. Furthermore, in Beijing's assessment, additional duties are a "grossing violation of the rules" of the planet Trade Organisation.
China had previously called on the US to "immediate elimination of duties and address trade differences through consultation".
Beijing's reaction is the aftermath of Donald Trump's Wednesday decision. The American president then introduced 10% minimum duties on most goods imported to the United States – with a higher 20% rate for the European Union.
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