OR China will increase their duties In all US products from 84% to 125% from tomorrow Saturday, April 12, as announced by the Treasury.
The move comes after US President Donald Trump’s decision to increase US duties in China. The ministry added that China would ignore further duties from the US to Chinese products.
“As there is no longer any market acceptance for US products exported to China under current levels of duties, if the US side continues to impose tariffs on Chinese products exported to the US, the Chinese side will not pay any attention to it,” according to the statement.
Xi Jinping calls the EU to a common front of the US
China’s president calls on the European Union to join Beijing “to resist together” in the coercion they receive during the trade war with Washington, Donald Trump, the Xinhua news agency reported.
“China and the European Union must assume their international responsibilities, protect economic globalization and international commercial environment and ‘To resist together in each unilateral coercion“Said Djinping during a joint press conference with Spanish Prime Minister Pedro Sanchez.
“This will allow not only the preservation of our rights and our legitimate interests, but also to protect international equality and justice and the imposition of respect for international rules and international order,” Si added.
The Spanish prime minister, for his part, said after a meeting with the Chinese leader that “Spain and Europe have a significant trade deficit with China which we need to help restore it”. “We should not let commercial tensions get an obstacle to the dynamics of relations between China and the European Union“, Sanchez explained.
China and the European Union are confronted with the storm caused by the US duty war launched by Donald Trump, sinking into the uncertainty and volatility of markets.
China is the main goal of Donald Trump’s war. The White House announced yesterday (10.4.2025) that duties that will be burdened by Chinese products will eventually reach the dizzying level of 145%.