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China and US flags are fluttering near the Bund, the US trade delegation meets with Chinese counterparts for the talks in China, China, China, July 30, 2019.
Aly song | Reuters
On Friday, the Ministry of Finance, the US President Donald Trump, this week, the US President Donald Trump’s positions will apply to all the goods imported from the United States, he said.
“China calls on the United States immediately to cancel a unilateral tariff measures and solve trade differences equal, respectful and mutually beneficial The ministry saidAccording to a Google Translate.
Washington has more criticized the decision to organize 34% of additional interactions in China – as “strictly” to international trade rules “and” strict “as” serious “and” severe “and” severe “and” severe “and” severe “effects” and “severe” effects “.” report Chinese state news outlet syncho.
Also, China 11 US company added for “List of invalid institutions“He said that Beijing’s leadership violated market rules or contract rules. The Chinese Ministry of Commerce Added 16 US Institution told the export control list and it would be Exercise export controls Seven types of rare land related to Samaryum, Gadolinium and Terbium.
CNBC reached the White House for comment.
Beijing, who entertained a trade relationship with Washington under the first time of Trump, He had warned The White House will receive the latest sweep tariffs on Wednesday that he would receive “counter-actions” to protect their interests.
Other US trading partners have declared retaliatory tariffs hoping to respond to the European Union.
The mutual US-Chinese accounts will affect $ 582.4 billion in trade in 2024, According to the office of the US Trade Representation.
Analysts expect the United States to direct the Protectionist Trade Policy to other trade partners and to take further stimulating measures to ensure the economy’s sink. China has been fighting the property crisis and a poor consumer and business feeling since the end of the Covid-19 pandemology.
China’s revenge tariffs announced the reduction in global markets in confusion with inflation, decline and global economic growth risks after the Tariffs of Friday.
