The counterclaims of China on the import of American goods will be valid from April 12.
The department emphasized that the United States unreasonably introduced “abnormally high duties” for China, which contradicts the rules of international trade, basic economic laws and “common sense”.
“This is a completely one -way practice of bullying and coercion. China resolutely condemns this,” the release says.
The ministry noted that the United States neglected the global economic order that they created after the Second World War, and promised to ignore the further “tariff games” of the United States, if any.
“Even if the United States will continue to introduce higher tariffs, it will no longer be an economic meaning and will become a joke in the history of the global economy. At the current level of tariffs, there is no way to accept the market for goods from the United States exporting to China. If the United States will continue to play tariff numbers, China ignores this. However, if the United States insists on the continuation of China’s interests, China will determine it strongly contrasting and fighting until the end”, – summed up in the PRC.
Context
On April 2, US President Donald Trump announced the introduction of duties on the import of goods from many countries, their level-from 10%to 49%, and introduced an additional 34 percent tariff for Chinese goods within the high duties imposed on most US trading partners, bringing total duties for China this year to 54%. China responded with a countermer series, reported by Reuters.
On April 7, the representative of the Chinese Foreign Ministry Lin Jian said that threats and pressure were not the right way to conduct business with China, and called the mocking duties that Trump introduced. On the same day, Trump said that he would introduce additional duties of 50% against China if he does not cancel his last tariffs in the amount of 34%, introduced in response to American duties.
April 9 became known that In response to Trump’s tariff policy, China raised to 84% of the duty on American goods.
On the same day, Trump announced a 90-day pause in the accrual of previously introduced duties and an increase in the tariff for China to 125%.
On April 10, the White House announced that Trump's duties for China are now 145%.
