The commercial war started! China gives a relevant answer to Trump, now charges 36% fee for US goods

On April 2, US President Donald Trump announces a global trade war, as the global trade war begins. Now this trade war seems to begin, as China is also going to keep the US equality. China’s Finance Ministry on Friday said that 34% of all imports imported from the United States will be charged from April 10. The ministry said that this fee in China was recently responded to the US fare.

In a statement, the Ministry said, “On April 2, 2025, the US government has imposed a Axeruch fee for all the Chinese goods imported in the country. This action of the United States is against the international trade regulations that damage China’s legitimate rights. This is not only harmful to the interests of the United States, but also affects the global economic growth, production and stability of the distribution chain.

The Chinese ministry urged the United States to eliminate fees, “China urges the United States to immediately remove its unilateral payment activities through conversation so that all differences about business can be solved.”

China will also control export of rare earth metals to the United States

Angered by the US fare, China has not only imposed an equal fee on the US, but it has also said that the US will now control the exports of rare material metals.

China has said that US moderate and heavy rare material is controlled by the exports of metals, which means rare earth metals. These metals include symbarium, cadolinium, derbium, dysprovium, lutidium, scandal and yitrium. This control has been implemented from April 4.

China has already threatened the opposite charges

China on Thursday condemned the US’s new fee and said, “This methods will be vehemently opposed and respond to its rights and interests.”

In a statement on Thursday, the Chinese Ministry of Commerce criticized the fee and argued that it would violate international trade criteria, causing great damage to the proper rights of the affected countries.

Source link

Related Articles

Back to top button