By Admin 
Trump warns to china: Additional tariffs will be effective from US President Donald Trump as 25 percent penalty imposed on India from around 9.15 am on August 27. Meanwhile, the US President has now threatened to put 200 percent tariffs on China.
China threatens trump
Trump said that the world’s two major economies US and China will form a better relationship. But he warned that if needed, he can also ruin Beijing. President Trump, citing Beijing’s Rare Earth Policy, said that if it stops Beijing to supply Magnet to Washington, then he can put a huge tariff of up to 200 percent on it.
Trump said about controversies with China just before the bilateral meeting at the Oval Office with South Korean President Lee J. Monga that Washington’s position is much better than Beijing. He said that he may soon visit China and recently he had a conversation with Chinese President Xi Jinping.
Trade war stopped for 90 days
It is worth noting that earlier this year, when the first time it was announced by US President Trump to impose tariffs against countries around the world. At that time, a trade war between the two countries started after China’s retaliation. However, it is currently pacified after talks between the two countries.
On August 12, it has been decided to keep the trading situation as it as possible for 90 days between the two countries. Earlier, the tariff rates above the Chinese goods were increased to 145 percent from the Trump. But after the talks between the two countries, these rates have been reduced to thirty percent at the moment.
Also read: US 50 percent high tariffs will affect these areas of India