Donald Trump has announced that it is freezing duties around the world for 90 days, with the exception of China, where it raises them to 125%. In a post on the Truth Social platform, the US president wrote: “Based on the lack of respect that China has shown in world markets, I am increasing with the present duty on China by the United States of America at 125%, with immediate effect. At some point, we hope in the near future, China will realize that the days that uproot the US and other countries are no longer sustainable or acceptable. On the contrary, and on the basis of the fact that more than 75 countries have called representatives of the United States, including the Ministries of Commerce, Finance Ministries and USTR, to negotiate a solution to issues discussed with commerce, trade barriers, duties, handling of coins and non -coins, States, […]
Source: News Beast
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