US Additional tariffs on Chinese imports China also counter measures Impact on the world September 1 5:16
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As trade disputes between the United States and China become even more intense, the Trump administration will further increase tariffs on imported goods from China on the afternoon of the same day, while China will also launch countermeasures. The US additional tariff includes many consumer goods that have a significant impact on consumers, and the negative effects are spreading throughout the global economy.
The Trump administration is in a state of trade negotiations with China, but it is just after 1 o'clock in Japan time, and over 3,200 items imported from China, an amount of about 110 billion dollars will be added to the tariff of 15% Take action to do.
As a result, the additional tariffs will be close to 70% of the import value from China. The target includes many daily goods imported from China, such as LCD TVs, watches, furniture and tableware, and there is concern that it will adversely affect American consumers.
In response to this, the Chinese side will also launch a countermeasure against the import of crude oil and soybeans from the United States, and over 1,700 items, adding a maximum tariff of 10%.
Both the US and China are ready to launch additional tariffs in December, and if they do so, both the US and China are expected to be subject to tariffs.
The adverse effects are spreading not only in the United States and China but also in the entire global economy, such as Germany already suffering negative growth due to the increasingly intense trade friction between the United States and China.