close
close
China promises the response to the latest US rates also addressed to Canada, Mexico

China promises the response to the latest US rates also addressed to Canada, Mexico

Beijing, February 28 China promised today to take “all the necessary countermeasures” after the president of the United States, Donald Trump, said he would impose an additional 10 percent rate to Chinese imports, a decision that warned that “the dialogue would seriously impact.”

Trump’s last movement will enter into force on Tuesday along with sweeping 25 percent taxes on Canadian and Mexican imports, intensifying a commercial war of elaboration between the two largest economies in the world.

The 10 percent rate on Chinese imports will be extended for an existing tax of the same rate imposed by Trump in China earlier this month.

Trump had announced, then stopped, raising the taxes of 25 percent on Canadian and Mexican imports this month on illegal immigration and mortal fentanyl, with Canadian energy to face a lower rate.

But the one -month pause ends on Tuesday.

Following the questions of the reporters about whether he planned to continue with the tariffs next week, Trump wrote yesterday on social networks that until the fentanyl problem stops “or is seriously limited”, the proposed encumbrances will occur as scheduled.

“China will also be charged an additional 10 percent rate on that date,” he added, referring to March 4.

In response to Trump’s accusations that Beijing is contributing to the Fentanyl crisis in the United States, a spokesman for China’s Ministry of Commerce said today that Washington was “changing guilt.”

“China is one of the countries with the strictest and most exhaustive anti-marrow policy,” reads the statement.

“But the American side has always ignored these facts,” he said.

“If the American side insists on following its own path, the Chinese side will take all the necessary countermeasures to defend their legitimate rights and interests,” he said.

The statement also said that the increase in the rate “is not conducive to solving one’s own problems (of the United States),” and added that “it would increase the burden for US companies and consumers, and undermine the stability of the global industrial chain.”

Shortly after the declaration was published, the China Ministry of Foreign Affairs warned that the new tariffs “would seriously affect the dialogue” between the two countries about the control of narcotics, accusing Washington of “blackmail.”

“Pressure, coercion and threats are not the correct way to deal with China. Mutual respect is the basic premise, ”said the spokesman for the Ministry of Foreign Affairs, Lin Jian, at a daily press conference.

China’s leadership will be convened next week to mark plans to protect its economy from Trump’s threats.

Mexican President Claudia Sheinbaum said yesterday that she hoped to talk to Trump to avoid being beaten for her threatened tariffs.

A high -level Mexican delegation is in Washington in search of an agreement.

And the Canadian Prime Minister Justin Trudeau said that officials are working 24 hours to avoid US taxes, but would have an “immediate” response if measures were imposed next week.

Trudeau has repeatedly emphasized that less than one percent of fentanyl and undocumented migrants entering the United States pass through the Canadian border.

Trump’s threats have sent chills through the main export countries.

Asian markets were very good in the early red today, with Tokyo spilling three percent.

Reciprocal tariffs

In addition to the levies on the fentanyl, Trump added on his social platform of truth that a date of April 2 for the so -called reciprocal tariffs “will remain in full vigor and effect.”

These will adapt to each commercial partner of the United States, with details to come after government agencies complete studies on commercial issues that Trump has asked.

In a letter this week by Chinese Minister Wang Wentao, the newly confirmed commercial representative of the United States, Jamieson Greer, Wang said that Trump has asked for many commercial investigations “addressed to China” and urged both parties to solve their differences through dialogue.

Beijing has rejected Fentanyl concerns of the United States, saying that Washington has to solve the problem in itself instead of aiming other countries with taxes.

Instead of drugs that are supplied directly to the United States, a report of the Congress Research Service indicated last year that fentanyl bound for the United States seems to be done in Mexico using China’s chemical precursors.

While some precursors face international controls, others can legally be done and export from countries like China.

At the beginning of February, China’s Ministry of Foreign Affairs warned that fresh tariffs could damage the cooperation of the antermarcotics. – AFP

Back To Top