China imposes its own special duties against the USA

In response to the US $ 200 billion special tariff on Chinese imports, China has imposed its own US $ 60 billion extra tariff on US imports.

The tariffs are between five and ten percent. China’s countermeasures are lower because the US does not export so much to China.

The trade talks with the US were put on hold for the time being. A white paper on the trade dispute published by the government in Beijing said that China had always kept the door open for negotiations. But conversations “can not be conducted when threatening with a thick inch billet”.

The US preached “shameless” protectionism and economic rule, it said in the White Paper further. Also, they raise “false accusations” against many countries, especially China. Washington tries to intimidate other countries by special tariffs and force their will on them by extreme pressure.

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