China has condemned U.S. tariffs as “unilateral bullying” and urged for their removal. The recent increase in tariffs has raised total levies on Chinese goods to 54%. China plans to implement measures to protect its interests but has not specified them. Observers note that immediate retaliation may harm China’s economy and foreign investment.

China has publicly denounced the “unilateral bullying” by the United States, urging it to abolish the significant tariffs imposed on Chinese products. Following the announcement of new tariffs by the White House, which raised existing tariffs on Chinese goods from 20% to a total of 54%, China reacted on Thursday, asserting its intention to protect its legitimate rights and interests while refraining from detailing specific measures.

In summary, China’s condemnation of U.S. tariffs highlights the escalating trade tensions, with the nation poised for potential countermeasures. However, the Chinese government appears cautious about immediate retaliation, suggesting the possibility of negotiations before the tariffs take effect. This situation showcases the complexities of global trade dynamics and the potential impacts on both economies.

Original Source: www.theguardian.com

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