Trump's tariffs: China strikes back and threatens with his own punitive measures!

Trump's tariffs: China strikes back and threatens with his own punitive measures!

Genf, Schweiz - China officially submitted a complaint against the new US-Zölle at the World Trade Organization (WTO) today, as OE24 . The reaction to the tariffs, which US President Donald Trump imposed on all Chinese products in the amount of ten percent, is a diplomatic demand for consultations. Trump justified the tariffs with "theft of intellectual property" and "forced technology transfer". After the complaint has been submitted, it can be expected that a dispute process begins within weeks in which the legality of the tariffs is checked. If China is right in this procedure, Beijing could collect its own tariffs in the amount of the damage suffered.

As a direct answer to the US tariffs, the Chinese government has already set additional tariffs from 15 percent on coal and liquefied natural gas as well as ten percent to oil and certain machines. These measures were interpreted as a "blow into the stomach pit" of the US economy because they could significantly burden US exports. According to the