- China announced an increase in customs tariffs on U.S. imports to 125 percent, effective Saturday.
- This action is a response to the U.S. raising tariffs on Chinese goods.
- China criticized the U.S. tariffs as excessively high and unjustified, violating international trade norms.
- The U.S. is accused of economic coercion and undermining multilateral cooperation.
- China’s Ministry of Commerce holds the U.S. accountable for starting the tariff war.
- The U.S. tariffs have caused global market disruption and volatility.
- China views U.S. gestures of softening trade positions as symbolic and insufficient.
- China warns that further U.S. tariff hikes will be self-defeating and ignored.
- China remains open to dialogue based on equality and mutual respect.
- China warns of escalating responses if the U.S. continues to infringe on its economic sovereignty.
- The trade conflict highlights a deepening rift between the two largest economies.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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