On the occasion of a month's commitment that the US will not impose new tariffs on Chinese products, the US once again waved tariff sticks and threatened to raise taxes despite the "constructive" progress made by the twelfth round of high-level Sino-US economic and trade consultation just concluded in Shanghai.
This has aroused strong opposition from China, which has taken counter-measures to safeguard the core interests of the country and the people. In the early morning of June 6, Xinhua News Agency announced that the US side had announced that it was planning to impose a 10% tariff on 300 billion US dollars of Chinese imports to the United States, which seriously violated the consensus reached at the meeting between the heads of state of China and the United States in Osaka. The State Council Tariff and Tax Commission did not exclude import tariffs on new US agricultural products purchased after August 3. Purchases of U.S. agricultural products have been suspended.
According to Yahoo Finance and Economics 6, the U.S. side's "backlash" behavior, so that American farmers once again become the "pay" target, to the United States farmers in the "hot water" in the "heavy blow". Tyler Stafslien, a North Dakota soybean farmer, said bluntly, "This is another nail on the coffin."
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