“China calls the United States to immediate cancellation of one -sided tariff agents and solutions to trade differences through consultation in an even, respectful and mutually favorable way ” – quotes the Chinese Ministry of Finance, the Xinhua agency.
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The Chinese side defined the Movement of the United States as “incompatible with international trade principles” and “seriously” undermining Chinese interests, as well as threatening “global economic development and stability of the production and supply chain”.
The American information station CNBC contacted the White House to get a comment. For now, the administration of Donald Trump has not referred to Beijing's retaliation.
Trump announced “Liberation Day”
“Happy day of liberation,” said the Wednesday message of the White House, in which propaganda video was posted praising the activities of Donald Trump's administration regarding customs. It was only an introduction to what was to happen late in the evening (Polish time). We were to know the details of new duties, which were to cover US partners very widely.
Read also: The US president announces new duties. Long list of countries and specific rates
According to his declaration From Thursday, the USA will implement mutual tariffs.
The US president caused the European Union to the board. – We have 39 percent, so we will give them 20 percent. duties Donald Trump said.
He stipulated that the duties would not be “fully mutual”, taking into account non -monetary barriers. – We will download from them about half of what they download and download from us He specified.
A plaque appeared at the conference, indicating duties for different countries. The AP News accounts result in the following values for leading economies:
- China: 34 percent
- European Union: 20 percent
- South Korea: 25 percent
- India: 26 percent
- Vietnam: 46 percent
- Taiwan: 32 percent
- Japan: 24 percent
- Thailand: 36 percent
- Switzerland: 31 percent
- Indonesia: 32 percent
- Malaysia: 24 percent
- Cambodia: 49 percent
- Great Britain: 10 percent
- South Africa: 30 percent
- Brazil: 10 percent
- Bangladesh: 37 percent
- Singapore: 10 percent
- Israel: 17 percent
- Philippines: 17 percent
- Chile: 10 percent
- Australia: 10 percent
- Pakistan: 29 percent
- Türkiye: 10 percent
- Sri Lanka: 44 percent
- Colombia: 10 percent
Donald Trump also announced 25 percent. duties on all cars that were produced outside the USA.
Donald Trump promised that work and factory will return to the USA. – We will move off the hoof, open foreign markets and break trade barriers. This will mean lower prices for the consumer – he pointed out, although economists doubt it.
– The European Union limits the export of our poultry. Australia does not want to take our beef. I don't blame them, but now we'll do the same. We will start from the north – said Donald Trump.
