China Vows to Implement ‘Necessary Countermeasures’ in Response to Donald Trump’s US Tariff Increase
© AP Photo/Mark Schiefelbein
China almost instantly vowed to implement the “necessary countermeasures” in response to the United States’ decision to increase tariffs on US$200 billion of Chinese goods to 25 per cent on Friday, reiterating its tough stance in the trade war, SCMP reports.
“China deeply regrets that the US has decided to increase the tariffs from 10 per cent to 25 per cent on US$200 billion worth of China goods exported to the United States,” the Ministry of Commerce said in a statement released minutes after the new US tariff level came into effect.
“We’ll have no choice but to take the necessary countermeasures.”
The statement did not specify what steps would be implemented after the US followed through with the threat issued by US President Donald Trump earlier this week
Other materials on this subject
- Russia, Iran are negotiating creation of common steblecoin on gold The Iranian government intends to secure this token with gold, that is, it will be a kind of steblecoin. The token is expected to work in a special economic zone in Astrakhan, which will receive cargo...
- G7 coalition has agreed to set fixed price for Russian oil The initial price itself has not been set, but should be in coming weeks, multiple sources said. Coalition partners agreed to regularly review the fixed price and revise it as needed, the source said,...
- Details of 8th package of EU sanctions against Russia became known Thus, Brussels will establish a legal basis for determining the price ceiling for Russian oil for its transportation by sea from December and oil products - from February 2023.
- White House Accuses Opec+ of Aligning with Russia The Opec+ group said it would reduce production targets by 2mn barrels a day, equivalent to 2 per cent of global supply, following its first in-person meeting in two years in Vienna. The actual cut in...
- UNCTAD Warns of Policy-Induced Global Recession According to the report, rapid interest rate increases and fiscal tightening in advanced economies combined with the cascading crises resulting from the COVID pandemic and the war in Ukraine have already...
Read also
-
Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian...
-
France, US urge 'immediate' end to Nagorno Karabakh blockade
-
The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
-
Armenia to sign new agreement with US in nuclear energy use
-
White House denies US Navy's involvement in blowing up Nord Stream 2
-
Armenia's Makunts meets with new U.S. senior advisor for Caucasus negotiations
-
Moscow, Tehran Advance Plans for Iranian-Designed Drone Facility in Russia. WSJ
-
US Department of State confirms decision to postpone Blinken’s visit to China
-
17:08The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11Armenia sends earthquake aid to Turkey
-
10:43Commemoration of the Pontiff St. Sahak Partev
-
09:16Some roads are closed and difficult to pass in Armenia
-
19:55Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30Prime Minister Pashinyan and President Khachaturyan meet
-
18:20Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01Humans could land on Mars within 10 years, Musk predicts
-
16:45France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59Earthquake death toll in Turkey rises to 18,342
-
15:43Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06French president rules out fighter jet supplies to Ukraine in near future
-
14:475 Day Weather Forecast in Armenia
-
14:44President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
Most read
day
week
month
Weather
Yerevan
Humidity: %
Wind: km/h
0 C°
0° 0°
31.12.2024
0° 0°
01.01.2025
Poll