China's sharp answer to Trump's customs threats: A trade war is imminent!

China's sharp answer to Trump's customs threats: A trade war is imminent!

In a new chapter of the trade war between the United States and China, drastic measures could soon occur. China does not give back and plans to answer the threat of US President Donald Trump to increase additional import duties to Chinese goods. According to the report of the Global Times , which is close to the China Communist Party, tariffs are considered on agricultural products and "non-wage measures". Trump had announced last week to introduce an additional inch of 10 percent to Chinese products, which would increase the total customs load to 20 percent. He justifies this with China's lack of engagement against the fentanyl smuggling in the USA.

Analysts warn of the potential consequences and indicate a possible repetition of the tariffs, which were imposed in 2018 on soybeans, beef and other agricultural products when China reacted in response to US tariffs. China is considered the largest market for American agricultural products, but the imports have now decreased. The International trade relationships to remain tense because so far there are no trading talks. A trade war between these nations threatens because China prepares strict reactions to the announced tariffs.