China will not launch 'first shot' in trade war with US

in #steem6 years ago (edited)

The Finance Ministry has said that China will not launch 'the first bullet' in the trade war tragedy with the United States.

The China-United States has been in tension with counterfeit taxation. Both countries have imposed the same amount on each other's goods and it will start on the same day.

In response to imposition of US $ 3 billion worth of Chinese products in China, China has imposed similar tax on US products. This new tariff will be implemented from both countries on Friday, July 6th.

But due to China's 12 hours ahead of time, the tariff imposed on Washington will be effective before the tax imposed by Washington.

And China has now clarified their position on this issue, saying they will not take steps to effect the duty before the United States.

In a brief statement on behalf of the Chinese Ministry of Finance, it said: "Many times China's position has been clearly shown. We will not launch the first shot anytime and in any way we will not implement the taxation fee before the US. "There is no further detail in this regard.

Last month, the White House announced a 25 percent surcharge for more than a thousand Chinese products. After this, China will take counter-measures.43856930_303.jpg

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