By Admin 
Trump tarif row: Chinese Prime Minister Li Kiang has reacted to US President Donald Trump’s decision to impose 104% tariff on all goods coming from China. He said that China is fully prepared to face such situations and the country is capable of combating any negative external influences.
Lee Kiang said that the current economic policies of China take full care of different uncertainties this year. He says that China has prepared for every situation in its economic plans, so that any external crisis or economic shock does not affect the economy of the country.
Confused over economic growth in 2025
Prime Minister Li Kiang also said that China has full faith in the strength and growth of its economy in the year 2025. They are convinced that China’s economy will remain healthy and stable, even if external pressure has increased. His statement shows China’s economic confidence despite the charges leveled by Trump.
Global confidence in China’s strong position
Lee Kiang also expressed his perseverance on China’s economic status in a call made from European Commission Chairman Ursula von Der Leyen on Tuesday. This message of China globally suggests that it is ready to face economic challenges and will be able to maintain its stability and growth despite these challenges.
What is the matter
Actually, America has decided to impose more tax on all the goods coming from China. The White House said on 8 April that now 104% tax will be levied on electric vehicles coming from China. This new tax has come into force from midnight of 9 April.
This step of America is being considered as the biggest and strict decision of the ongoing trade war with China. According to a report of Fox Business, White House Press Secretary Caroline Lewitt said that China has not yet removed its tax imposed on America. For this reason, the US has also decided to impose a total tax on goods coming from China from 9 April.
Tax distributed in three parts
The US has now imposed a total tax on goods coming from China, which is divided into three parts. First, 20 percent tax was levied earlier this year. Then, on April 2, 34 percent and tax was imposed under a ‘Risiprockle Tariff’. Now, Donald Trump has added a new tax of 50 percent. A total of 104 percent tax has been done, including these three taxes, which will be applicable to goods imported from China.