President Donald Trump on Monday instructed his Trade Representative Robert Laythayzeru prepare a list of goods from China totaling $200 billion. for the introduction of an additional fee 10%, TASS reports.
he noted, that the new duties will come into force after the "completion of the legislative process" and in the case of, if Beijing refuses to change its approach to trade and start to implement its recent threats to impose additional duties on US goods.
The President reminded, that he had decided on Friday to impose a 6 July 25-percent customs duty on the 50-billion-dollar amount of goods from China. According to him, These measures are being taken to encourage Beijing to change unjust practices (of doing business) in the field of technology and innovation. Besides, New tariffs are the first step to ensuring a balance in trade relations with China.
In response, Beijing introduced equivalent duties 659 goods, coming from the US.
Unfortunately, China agreed to take similar measures, apparently, there is not going to change "unfair practices, to the obtaining of the American Intellectual Property and Technology ", he added.
According to Trump, China's actions keep the United States "in an unfair and disadvantaged", which is reflected in the trade deficit, which reached a size $376 billion.
In Beijing, the statement of the American president to introduce new taxes called blackmail and vowed to take further retaliatory measures.
