China announced countermeasures on Friday, April 11, raising tariffs on US goods from 84% to 125% from Saturday.
The United States and China have intensified the commercial war by increasing tariffs even when the president of the United States, Donald Trump, stopped at the tariff rate for other countries. Trump’s universal tariffs on China total 145%. When Trump announced on Wednesday that China faced 125% tariffs, it did not include a 20% rate in China linked to its role in fentanyl production.
“The United States alternately increasing abnormally high rates on China has become a game of numbers, which does not have a practical economic significance, and will become a joke in the history of the world economy,” said a man from the Ministry of Commercial in a statement in a statement. “However, if the United States insists on continuing to infringe the interests of China, China will counteract and fight until the end.”
The China Ministry of Commerce said it was presenting another demand before the World Trade Organization on the increase in US tariffs.
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