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Customs duties: Trump suggests the possible end of the increase in taxes addressed to China

Washington has decided to raise the surcharge to Beijing at 145%, which, in response, announced an increase of 84% to 125% of customs tariffs in US imports.

The president of the United States, Donald Trump, suggested on Thursday, April 17 that customs duties increase in which the United States and China, which land the markets, could end.

“I don’t want () to increase more, because at some point, people no longer buy,” Donald Trump told journalists about customs tasks.

“Therefore, you may not want (increase them), or I would not like (bring them) to this level. I may like to (download them), because we know that we want people to buy, but at some point, they will no longer buy.”

145% surcharges aimed at Beijing

Washington has decided to raise the surcharge to Beijing at 145%, which, in response, announced an increase of 84% to 125% of customs tariffs in US imports.

China said that it would not “react” to a “game of figures” in terms of customs duties, which indicates that it would not be more than the surcharges directed to
American products.

Donald Trump said China had contacted Washington since the entry into force of customs duties and said it was optimistic about the conclusion of an agreement. However, he did not specify the nature of the discussions between the two countries or if Chinese President Xi Jinping had participated.

The Tiktok agreement mentioned by Trump

The White House tenant also said that an agreement on Tiktok’s request was not, for the moment, on the agenda.

Donald Trump announced at the beginning of the month that he was granted a delay to the Chinese company Bytedance to sell the activities of his Tiktok application in the United States under a penalty of prohibition in the country, under a law promulgated under the presidency of Joe Biden.

“We have an agreement on Tiktok, but it is subject (to the decision) of China, so we must repel the agreement until things are resolved in one way or another,” said Donald Trump.

Author: IH with AFP
Source: BFM TV

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