As we have already informed, president Donald Trump is presently focusing on tightening trade relations with China – he raises customs rates towards this country while suspending them against another partners.
"In view of the deficiency of respect that China has shown towards global markets, I hereby rise the work imposed on China by the United States of America to 125 percent with immediate effect," president Donald Trump wrote on the fact Social portal on Wednesday.
"I hope that in the close future China will realize that the times of robbing the United States of America and another countries have passed and are unacceptable," he pointed out.
Sudden conversation between Tusk and the EC chief. This is what they adopted on Trump's strategy.
As he besides reported, "on the another hand, and on the basis of the fact that over 75 countries contacted representatives of the United States, including the Departments of Commerce, the Treasury and the Office of the Trade typical to negociate a solution to trade issues, trade barriers, customs... I allowed a 90-day suspension (customs-ed.)". Thus, during this period the duties will be 10%.
Ursula von der Leyen, president of the European Commission, announced on Thursday that the European Union would besides suspend for 90 days the imposition of retaliatory duties on the United States. “We took note of president Trump’s message and decided to give the negotiations a chance,” she noted.
The Polish Prime Minister besides discussed the matter. "Defencing our interests hard and decisively, while protecting our transatlantic alliance against all odds is our common goal. This was a conclusion from my conversation with Ursula von der Leyen today," Prime Minister Donald Tusk wrote on Thursday.
Importantly, Beijing announced the introduction of 84% reciprocal work rates on US goods, which began to apply from 10 April. This decision is simply a consequence to akin actions by the United States which imposed advanced duties on Chinese products as part of the ongoing trade dispute between the 2 powers.
Meanwhile, the Chinese authorities have besides issued fresh warnings to their citizens planning to travel to the United States. The Chinese government has highlighted the expanding hazard that may entail staying in the US, peculiarly in the context of political and economical tensions. The Communication encourages citizens to be careful and to plan their trips carefully to avoid unforeseen difficulties in exacerbating the global situation.
