China On Trump's Tariff Call Over Russia Oil
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In the ongoing trade tensions with the U.S., China's countermeasures have included restrictions on exports of minerals critical to the production of cars.
A US lawmaker has announced that he will urge his colleagues to advance the Russia sanctions Bill in the House and Senate to impose 500% secondary tariffs on India, China and Brazil.
The tariffs from China and the U.S., and the possibility that they could be raised again, are having an effect on two-way trade.
Many U.S. companies in China expect sales to take a hit this year because of the tariffs imposed by U.S. President Donald Trump and China's retaliatory measures
Mexican officials are set to speak with representatives from China next week about Mexico's planned tariffs on goods from the Asian country, President Claudia Sheinbaum said on Friday, saying the tariffs were not intended as a coercion measures.
The expansion of international trade has neutralized the shocks occasioned by the United States' tariffs, the Chinese government hinted on Thursday. The
China on Thursday condemned Mexico's plan to sharply raise import tariffs on automobiles and other goods from countries with which Mexico does not have trade agreements, calling the measures discriminatory and saying they were the result of outside pressure.