China has imposed additional import duty on US products of up to 25% on 128 products.
These products include pork and alcohol. In March, the Chinese government took steps to increase the tax on foreign steel and aluminum imports aimed at US President China.With effect from Monday, the new taxpayer will be able to pay the additional import duty of 3 billion dollars to traders.Beijing said this action was taken as 'protecting Chinese interest and balance' against the losses suffered by US refinancing.China had already announced that they do not want to trade with the United States. But they will not be silent if their economy is hurt.After the decision to impose extra tariff on Sunday, the country said that new trade tariffs were imposed in response to the decision of Dolland Trump.But after the tariff increase in Chinese goods, Trump insisted, "The trade war is good and the US is easy to win''.US authorities have already announced that they have plans to impose more than $100 billion in import of Chinese goods.
