China has strongly reacted after President Donald Trump announced new tariffs on Chinese products entering the United States. This move is part of Trump’s larger plan to change US trade policies and is likely to lead to a more intense trade conflict between the two largest economies in the world.
On Wednesday, Trump revealed a new set of tariffs that adds up to 54% on all Chinese goods imported into the US. This marks a major shift in the relationship between the two countries and could escalate the ongoing trade war.
China’s Ministry of Commerce quickly responded, stating that it opposes the tariffs and will take strong countermeasures to protect its interests. The Ministry also criticized the move, calling it an example of “unilateral bullying” and urged the US to remove the tariffs and solve trade issues through fair discussions.
Trump’s new tariffs are designed to pressure China into changing its trade practices. These include adding a 34% tariff on top of the existing 20% duties. Since returning to office, Trump has already imposed extra tariffs on Chinese goods in an effort to fight the flow of illicit fentanyl into the US. China responded by imposing its own tariffs on US products, including agricultural goods and fuel.
Trump has made it clear that he respects China but believes the country has taken advantage of the US for too long. He emphasized that China understands the situation and will likely retaliate.
The ongoing trade tensions have led to concerns in global markets, especially in countries that rely on trade with both the US and China.