China launches $60 billion counterattack! On June 1, a variety of passive components and modems will

Release Date:

2019-05-24

The United States is about to enter the fourth round of punitive tariffs, and China has shown no weakness, imposing tariffs of up to 25% on about $60 billion of imports from the United States from June 1.


According to the latest announcement issued by the Customs Tariff Commission of The State Council, on May 9, 2019, the US government announced that, as of May 10, 2019, the additional tariff rate on US $200 billion of listed goods imported from China will be increased from 10% to 25%. In addition, the United States has further threatened to initiate a 25% tax on the remaining $325 billion of Chinese exports to the United States, and will publish a list of up to 3,805 products on June 17.


For the 'two-sided' approach of the United States, the CCTV news broadcast on May 13 stressed that for the trade war initiated by the United States, China has long stated its attitude: it is unwilling to fight, but it is not afraid to fight, and it has to fight when necessary. In the face of the soft and hard hands of the United States, China has already given an answer: talk, the door is open; Fight to the end. After more than 5,000 years of ups and downs, what kind of formations have the Chinese nation never seen before? In the great process of realizing national rejuvenation, there will inevitably be difficulties, difficulties and even stormy waves. The trade war with China initiated by the United States is just a hurdle in China's development process. It is not a big deal. China will firmly strengthen its confidence, meet difficulties head-on, turn crises into opportunities, and fight for new horizons.


In order to defend free trade and the multilateral system, and defend its legitimate rights and interests, the Customs Tariff Commission of The State Council of China has issued an announcement, starting from 00:00 on June 1, 2019, it will increase the additional tariff rate on some imported goods originating in the United States.


American Warren Buffett once said: No one can succeed by betting against his own country. I believe that this Sino-US trade war, the motherland will become stronger, the motherland come on!

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