“China Responds to 245% US Tariff, Urges US to Provide Specific Tax Rate Figures”

News Desk
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China Responds to US Tariffs, Urges Washington to Clarify Tax Rates

Beijing, April 16:
In response to the White House’s recent statement claiming that China now faces tariffs as high as 245% on exports to the United States, Chinese Foreign Ministry spokesperson Lin Jian has called on the US to clarify the specific tax rate figures. Lin said that the US should provide these figures directly, emphasizing that the tariff issue has been a long-standing concern for China.

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Speaking at a press briefing on Wednesday, Lin reiterated China’s position on the tariffs, stating that the trade war was initiated by the United States. He described China’s countermeasures as “reasonable and legal,” aimed at protecting the country’s legitimate rights and international fairness.

Lin stressed that while tariff and trade wars have no winners, China does not seek conflict but is unafraid of it. He expressed China’s commitment to cooperation and removing barriers to trade, stating, “In a world full of uncertainties, China remains committed to joining hands, not throwing punches; removing barriers, not erecting walls; promoting connectivity, not pursuing decoupling.”

In a statement shared on social media platform X, Lin reiterated that China is the world’s market and a source of opportunities for every country.

This statement follows the White House’s fact sheet, which claimed that China’s retaliatory actions had resulted in tariffs up to 245% on Chinese imports. This is a significant increase from the previous 145% tariff rate. Earlier this month, President Donald Trump imposed reciprocal tariffs on countries with which the US has a trade deficit, later pausing these tariffs for 90 days as negotiations with several countries, including China, continue.

White House Press Secretary Karoline Leavitt addressed questions on China during a press briefing, reiterating President Trump’s stance. Leavitt stated that “the ball is in China’s court,” urging China to negotiate a deal with the United States. She emphasized that while the US is open to a trade deal, China must take the initiative.

The trade dispute has contributed to significant volatility in global financial markets, with fears that tariff escalations may lead to inflation and hinder economic growth. As part of his “Fair and Reciprocal Plan,” Trump has focused on ensuring that tariffs imposed by other countries are matched by the US to restore fairness in global trade relations.

The ongoing trade tensions between the US and China remain a key concern for international markets and global economic stability.

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