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Showing posts with the label raising tafiff

Both country win temporarily from the trade war

1. The Trump administration plans to raise the tariff of goods worth $20 billion to the United States to 25% from January 1. After the meeting with the Chinese side on December 1, the negotiation process was started and the time was extended to March 1st; later at the end of February, the time was delayed again. The negotiations did not have any results at the end, but the time was greatly extended. From this point of view, the Chinese side is a winner. 2. Judge from Trump's Twitter, it was because the Chinese attempted to withdraw some of the promises, which led to the breakdown of the negotiations, thus the process of raising tariffs is opening up . However, the punishment is not enough. The time for these tariff increases is pushed back. Now there are some deceptive factors superimposed and more punishments should be imposed. 3. The United States has obtained tariffs on the Chinese side and the taxation procedures for the remaining products imported from China is started. Ther