The US is imposing billions of dollars on China

04 April 2018, 19:19 | Economy
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The United States provided a list of 1,300 Chinese goods for which penalties are imposed. Each year, these duties will be levied on imports of US goods of these categories in the amount of $ 50 billion, said US Trade Representative Robert Lightheiser. Earlier it was reported that China will impose penalties of $ 60 billion, DW reports.. For Chinese goods, the list of which in the next two months will be specified, 25 percent duties are introduced. Under the sanctions falls first of all the sphere of high technologies - space, information and communication technologies, as well as engineering. Such consumer goods, as clothing, do not fall under penalty fees, as the price increase for them directly hits US consumers. The PRC Embassy in Washington stated that the US actions do not meet either Chinese or American interests. For its part, the Ministry of Commerce in Beijing promised to introduce response mirror measures. "We will prepare appropriate measures against the United States on a similar scale," the ministry said in a statement.. The statement of the Ministry of Trade of the People's Republic of China emphasizes that China is able to respond to any US protectionist actions in the sphere of trade.

The document also notes that China will immediately appeal to the arbitration bodies of the World Trade Organization, as the US actions "undermine the foundations and spirit of the WTO". The Chinese Ministry called the US decision to impose free of charge groundless fees. "This is typical for individual policy and protectionism in trade. The actions of the United States are contrary to the interests of both the US and China and ignore the needs of consumers, "the document states..




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