The Chinese Ministry of Commodity published a statement in which the new US Tariff regime criticized.
April 4 announced the introduction of 34% of duties to imported American items in addition to existing tariffs. They will start working on April 10. The South China Morning Post reports this.
It is noted that the Chinese Ministry of Trade has published a statement in which it criticized the new U.S. tariff regime, which “threatens the overwhelming balance achieved as a result of the many years of multilateral trade negotiations.”
“This is a common act of unilateral intimidation,” the department noted and called on the states to cancel the tariffs, as well as solve this issue through a “fair and equal” dialogue.
Also, the Ministry of Education has added 11 organizations to the “unreliable creatures” list, which allows China to take steps against them.
Remember, on April 2, Trump announced the introduction of major duties to imported goods. He called it America’s “Day of Liberation”.
According to European Commission head Ursula Von der Lyan, tariffs declared US President Donald Trump, “seriously hit the world economy.” The European Union is preparing steps in response.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.