Trump shock to China

WASHINGTON: US President Donald Trump does not seem to be downgraded in China. Anyway, it is provoking China to take the trade war to a higher level. Trump, which has already levied tariffs on Chinese products, has announced a new tariff with a 50 percent deficit of $ 50 billion in Chinese imports. The trump was imposed by these tariffs alleging that China would steal their intellectual property and technology. Trump accused China of following unfair trade policies. Trump warned that if China retaliated, then there would be additional tariffs on American products and service exports.

Trump said that if America was to lose its technology and intellectual property through unfair economic policies, The China Ministry of Commerce immediately responded to this announcement. Beijing does not fear any trump warnings. Beijing announced that they will soon introduce tax measures at the same level. All the financial and commercial achievements that the parties have previously achieved have not been waited. The US Trade Compliance spokesman said, "It will take a tariff on July 6 for 818 products worth $ 34 billion, and 284 products worth over $ 16 billion. US tariffs on China, and China's actions against the United States are starting to further trade war.

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