China Vows to Fight US Tariff War to the End
China announced it will take the fight to the very end to oppose an ongoing trade war from the United States.
China Vows to Fight US Tariff War to the End
China announced it will take the fight to the very end to oppose an ongoing trade war from the United States. The statement emerges following US President Donald Trump’s planned April 2 introduction of mutual trade tariffs targeting both Chinese and Indian nations.
Fentanyl stands as the primary cause of tension because Trump maintains China does not stop chemicals from leaving that allow fentanyl production. China officially denies being responsible for the fentanyl crisis as it remains a purely American domestic problem according to their statements ¹.
The Chinese government’s Foreign Ministry strongly criticized US actions through statements which describe the fentanyl crisis as an insufficient basis for raising tariffs. According to Chinese officials speaking through social media channels, “The United States wants war? Then we will face any kind of war – tariff war, trade war or any other – until final victory” ¹.
The implementing of extra import tariffs by China against specific US products began on March 10 with levels ranging from 10% to 15%. The imposed Chinese tariffs directly affect several essential American export products.
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The tariff increase for chicken wheat corn and cotton stands at 15% under this new agricultural product policy.
The 10% tariff increase will affect sorghum together with soybeans and pork and beef as well as seafood and fruit and vegetables and dairy products ¹.
China continues to restrict American companies with expanded unwanted US entity lists by adding 15 additional businesses in their blacklist.
The tension between United States and China in their trade relationship impacts the worldwide economic condition severely. Both countries carry out a constant game of raising trade barriers until the global community remains in suspense about the future of their escalating commercial conflict.
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