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China implements new tariffs in response to Trump that will seriously affect popular products in the United States – World News

China implements new tariffs in response to Trump that will seriously affect popular products in the United States – World News

China has implemented new tariffs in response to the steps taken by Donald Trump during his opening days in the Oval office.

At the beginning of his presidency, President Donald Trump Tariffs implemented In Mexico, Canada and Porcelain To address what the White House has described as an ‘extraordinary threat raised by illegal foreigners and drugs, including mortal fentanyl’.

Essentially, tariffs are taxes imposed on foreign goods, which means that many of these goods will cost more to sell in the US, which could finally be transmitted to the consumer.

Trump signed an executive order last month to add a ten percent rate on all goods sent from China, a tariff that has since increased to 20 percent in all areas.

Trump has previously introduced tariffs on China (Roberto Schmidt/AFP through Getty Images)

Trump has previously introduced tariffs on China (Roberto Schmidt/AFP through Getty Images)

When it comes to China specifically, a Press release From the White House, he said that Chinese officials “had not taken the necessary actions to stop the flow of precursor chemicals to known criminal posters and close money laundering by transnational criminal organizations.”

The commercial war official began on February 4, but it didn’t take long to President Xi Jinping to retaliate.

After the order at stake, China announced plans to impose 15 percent taxes on carbon and liquefied natural gas in the United States, as well as a 10 percent tax in crude oil, agricultural equipment and some cars.

And on Tuesday (March 4), China announced that imports of chicken, wheat, corn and cotton grown in the United States will see an additional 15 percent tariff, while tastes, soybeans, pork, meat, seafood, fruits, vegetables and dairy products are seeing an increase of 10 percent, according to AP.

The country has also placed ten additional companies based in the USA.

China has implemented new tariffs in response (Lintao Zhang/Getty Images)

China has implemented new tariffs in response (Lintao Zhang/Getty Images)

Beijing officials have added 15 companies based in the USA.

Speaking of the future, Sun Chenghao, professor of international relations at the University of Tsinghua in Beijing, said: “The United States hopes to obtain a commercial agreement with China in the end. In the long term, it is possible that China and the United States continue to negotiate, but the current atmosphere is not good.”

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