China’s trade dispute with the United States, a step the United States: in January, Beijing set in the summer of imposed punitive tariffs on cars and car parts from the USA for three months. This applies from the 1. In January, the government announced in Beijing on Friday. They had raised the customs duties of ten to 35 per cent. The message of concern to the stock exchange for a strong recovery of the European car values, writes the German TV-channel www.n-tv.de.
China responded at the time on measures of the United States, the punitive duties were imposed on Chinese Goods to the value of $ 50 billion (44.3 billion euros). At the beginning of December already, the government in Beijing had announced that it would implement “effective immediately,” trade facilitation for the United States.
China’s head of state Xi Jinping and U.S. President Donald Trump had on the sidelines of the G20 summit in Buenos Aires a few days earlier a cease-fire in its trade conflict agreed. At a dinner, they agreed, for the time being, the new criminal threatened to abandon duties. The United States put China at the same time, a period of 90 days, his demand for the removal of trade barriers to comply with.
Video: Trump and Xi approach to The heads of state agree on a waiver of new punitive tariffs. (Video: AFP/Tamedia)
the suspension of The punitive tariffs on cars was a “concrete measure” to the ceasefire and to implement, said on Friday in Beijing. Is overshadowed the relaxation in the trade dispute by the arrest of the Chinese Manager Meng Wanzhou in Canada at the instigation of the United States, which has since been released on payment of a million bail and under strict conditions. (fal/afp)
Created: 14.12.2018, 12:19 PM