White House: Tarifa to China is 145 percent

White House: Tarifa to China is 145 percent

The US tariff rate for Chinese imports now stands at 145 per cent, a figure reflecting the intensifying of trade tensions between the world's two largest economies. This information was confirmed by a CNBC White House official who stressed that this level of tariffs is a new measure [...]

The US tariff rate for Chinese imports now stands at 145 per cent, a figure reflecting the intensifying of trade tensions between the world's two largest economies.

This information was confirmed by a White House official for CNBCWho stressed that this rate of tariffs is a new measure to protect US economic interests and to address practices that the American administration considers unfair and harmful to the American industry.

Under this strategy, American President Donald Trump's recent executive decree has increased rates on Chinese products from 84 percent to 125 percent.

 

The 125 - percent Tarifa Trump announced to China yesterday comes from a 20 - percent tax already in power.

Yesterday, it wasn't clear if the fees were extra. Today, the White House confirmed that the total is a 145 - percent fee on Chinese goods.

This decision is a reflection of the continuation of the “maximum expectations of US President Donald Trump's administration over China to force Beijing to make concessions in trade negotiations, especially in the fields of intellectual property and unbalanced trade, writes cn.

This fee aims to exert pressure on the Chinese pharmaceutical industry and limit phantanyli exports, which has been a key factor in increasing the number of deaths from overdoses in the United States.

In this way, the administration's actions of Trump make up a wider policy of reaching a more favourable trade agreement for the US and increasing the country's economic security. /Periscope

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