On Friday, China degenerated prices on imports from the United States at 125%, in response to the punishing regime of US President Donald Trump against Chinese products.
The Beijing Ministry of Finance said that the United States threatened to become a laughing stock while increasing the prices on Chinese products increasingly 145% earlier this week.
“Even if the United States continues to impose higher rates, this will no longer be logical economic and will become a joke in the history of the world economy,” said the Ministry of Finance.
“At the current tariff level, there is no acceptance of the market for American goods exported to China,” added the economic mandarins of Beijing. “If the United States continues to play the game of pricing numbers, China will ignore it. However, if the United States insists on continuing to undermine the interests of China, China will counterattack resolutely counterattacking and will fight until the end.”
This story is updated.
Politices
