Washington dc3 minutes ago
- Copy link
Trump has announced a 145% tariff on China, making companies like Apple in America, which make more products in China, can get into trouble.
US President Donald Trump on Saturday exempted the global recipe on smartphones, computers, chips from the Tariff (eg Ko Tit) tariff. Trump increased the tariff on China to 145% two days ago. Because of this, technology companies like Apple could have been in trouble, which makes most of their products in China.
However, the new tariff regulation did not discount other electronic devices including laptops, semiconductors, solar cells, flat panel displays, flash drives, memory cards and solid-state drives used to store data.
According to reports, America can impose extra tariffs on these products. On the other hand, there is a possibility that Trump may also reduce 145% tariffs imposed on goods coming from China.
America 145% on China and 10% tariff on the rest of the countries On April 10, the US increased the tariff on China to 145%. This action was taken in response to 84% tariffs imposed on the US by China. As soon as the US increased the rates to 145%, China also retaliated and put 125% tariff on the US.
However, amidst this tariff war, the US announced 10% tariff for all countries from more than 75 countries including India.
China had said- will fight till the end instead of bending Amid the ongoing Tariff War between the US, China said a few days ago that it would choose to fight till the end of the US instead of bending. Chinese Foreign Ministry spokesman Mao Ning said that China is not afraid of provocation, it would not back down.
Mao Ning shared many posts on social media. It also had a video of Mao Jedong, a former Chinese leader. Mao is saying in it- we are Chinese. We are not afraid of provocation. We do not back down. The video is from 1953 when China and the US were indirectly face to face in the Korean war.
In the video, Mao says- We cannot decide how long this war will last. It depends on the President Truman or Eisenhwar or the new President. No matter how long this battle goes, we will never bow down. We will fight until we win completely.
Mao Ning shared a picture in another post. It states that American will buy only Chinese goods even after the price is expensive.
China is insisting on increasing new industry and innovation China has government bonds of about 600 billion pounds (about $ 760 billion) in the US. This means that China has a great force to influence the American economy. At the same time, China has also started its preparation.
China has given an additional $ 1.9 lakh crore loan to the industrial sector. This intensified the construction and upgradation of factories here. Huawei has opened a research center for 35,000 engineers in Shanghai, 10 times larger than Google’s California headquarters. This will speed up technology and innovation capacity.
————————————————–
Read this news too …
Now China imposed 125% tariff on America: Jinping said- we do not bow down to pressure; America imposed 145% tariff
Tariff war between the US and China is increasing. In response to America’s 145% tariff, China has now imposed 125% tariff. This will be applicable from tomorrow. China has said that now it will not respond to any additional tariffs imposed by the US. Read the full news here …