Beijing answered by a move similar to the US customs tax increase to Chinese goods from today to 104 %. The reaction from Trump to China's mistakes was not delayed. Trump has increased taxes on China to 125 percent, while communicating with them and not taking revenge on more than 75 countries for more than 75 additional tax rates have been stopped in 90 days.
While US President Donald Trump's new customs takes effect to this day, the Chinese Ministry of Finance stated that an additional tax rate will be applied to US goods by signing a new retaliation decision. In the Ministry's statement, the additional rate of additional tariffs will be applied to US goods that have been announced 84 %. In a previous statement from China, this ratio was 34 percent. The Ministry said that the additional tax rate for US goods will take effect from April 10.
New move from Trump
Trump has recently announced a new tax rate for China. Trump claims that customs duties applied to China will be increased to 125 % and will be done immediately. Trump also stated that the new tax rate applied to about 75 countries, not deciding to retaliate, has been stopped for 90 days. Countries will pay only 10 percent of basic taxes during this time.
The US stock market has flew
After Trump's new statements, US stock exchanges began to fly.
“Non -retaliative countries will be rewarded”
US Finance Secretary Bessent, “The United States will not return taxes on taxes will be rewarded.” He said. Bessent said Mexico and Canada are related to the basic tax decision of 10 %.
“China is the only country to climb the situation”
US Finance Secretary Bessent pointed out that banks should allow banks to receive more debt actions in the case, emphasizing that the United States has a strong dollar policy.
Bessent said that Minister Tai
The US Minister said that countries that want to go to the United States to negotiate and have 70 negotiations next, I will play a leadership role in tariff negotiations, he said that China is the only country that climb. Trump: We earn $ 2 billion Trump, the White House, coal mining companies have participated in the program, “often have customs taxes, or thanks to these tax rates, we earn nearly $ 2 billion a day. Yes, $ 2 billion a day and our businesses are happening very well, really good.” He made a statement.