By Admin 
China reacts to donald trump’s tarifs: US President Donald Trump’s government has imposed a tariff of up to 245 percent on things coming from China. This information is given in a fact sheet issued by the White House. Due to this new tariff, business tension between the US and China has increased further.
China’s reaction has now come to light on this decision of Trump administration. According to the report of Reuters, China said on Thursday that if America continues the game of tariff, it will not pay attention to it.
Trump administration made a big announcement
The Trump administration has announced a new tariff up to 245% on goods coming from China, which has increased tension between the US and China. Regarding this, the White House released a fact sheet, which gave complete information about this decision.
It was told that more than 75 countries have agreed to talk about the new trade agreement with the US. Because of this, not much tariffs have been imposed on these countries at present. At the same time, China has taken retaliation, so the tariff will continue on it. Without giving more information in the fact sheet, it has been said that due to China’s retaliation, it is now facing up to 245% tariffs on goods sent to America.
These allegations made against China
The Fact Sheet of the White House has also alleged that China has stopped exports of Gallium, Germanium, Antimony and other important high-tech materials to the US, which may be used in army related work.
It was also told in the fact sheet that this week, China has also stopped the export of six rare heavy metals and rare earth magnets. The aim of this is that companies of trains around the world, aerospace industry, semiconductor companies and military suppliers should struggle with lack of essential things.