A pain point: China's response to the US trade war became known

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China intends to toughly respond to the United States, which increased duties on imported steel and aluminum. The Ministry of Commerce of the Celestial Empire has published a list of goods that the States sell in Chinese stores. The ministry noted that duties could also be imposed on them.





A list of 128 items included fresh and dried fruits, nuts, wine, pork, steel and aluminum scrap.

The United States, it turns out, brings a lot of things to China: cherries, persimmons, grapes, melons, pistachios and a hundred other products. The fee for them is not paid. Therefore, they trade at prices that local manufacturers and suppliers from other countries can hardly compete with. And given that the number of Chinese has exceeded 1,35 billion, Americans have a place to turn around.

If the Chinese government imposes duties on these deliveries at 25%, as the States did with Chinese steel, overseas goods will rise in price sharply. Sales will fall, US farmers will stage protests, which will certainly take advantage of opponents of Donald trump.

And he will have another headache. At that, Beijing declared that it was ready to fight to the end. Apparently Trump.
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  1. 0
    23 March 2018 19: 04
    However, a great agricultural country.