By Admin 
Trump Tariff: China on Monday threatened all those countries who are thinking about setting up a trade agreement with the US. China believes that it is likely to cause damage to Beijing. Here, Trump has also talked about giving discounts on tariffs instead of reducing business with China. Due to this, the tension in both countries has increased further. A spokesman for China’s Commerce Ministry said on Monday that any agreement made at the price of China would be answered in a firm and recipe.
Many countries talk to America on tariff
China says that of course the other countries should talk with America and resolve their business and economic differences, but if any kind of agreement was damaged to China, it will not be tolerated. China has given this warning in one such time when it is preparing to interact with America itself.
According to a Wall Street General report, Trump wanted to pressurize his economic partners to reduce the business relationship with China and curb the manufacturing industry there. At this time, the Trump administration talks are going on with more than 70 countries regarding the discount on tariffs.
China gave warning
On Monday, the Chinese Ministry of Commerce has warned the countries who have taken out their selfishness at the cost of the interest of the second. China will target all those countries that will come under American pressure to damage Beijing.
Giving temporary relief from tariffs to many countries of the world, Trump increased the tariff on import of Chinese goods to 145 percent and China also retaliated on this and put 125 percent tariffs on US imports.
Trump has been accusing China of exploiting America for a long time on the trade front. Now he is trying to strengthen American manufacturing and bring back jobs in America by imposing tariffs. He also wants to use tariffs for tax exemption in future.
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