The Chinese foreign ministry said on Thursday that China will pay no attention if the United States continues to play the tariff numbers game.
This was after the White House outlined how China faces tariffs of up to 245% due to its retaliatory actions.
Newspot reports that the White House, in a fact sheet released on Tuesday, said China’s total duties include the latest reciprocal tariff of 125%, a 20% tariff to address the fentanyl crisis, and tariffs of between 7.5% and 100% on specific goods to address unfair trade practices.
Recall that President Donald Trump of the United States announced additional tariffs on all countries two weeks ago, before suddenly rolling back higher reciprocal tariffs for dozens of countries while keeping punishing duties on China.
It retaliation, China raised its own levies on US goods and has not sought talks, which it says can only be conducted on the basis of mutual respect and equality.
Meanwhile, many other nations have begun looking at bilateral deals with Washington.
China, last week also filed a new complaint with the World Trade Organization expressing grave concern over US tariffs, and accused Washington of violating the global trade body’s rules.
This week, China unexpectedly appointed a new trade negotiator who would be key in any talks to resolve the escalating tariff war, replacing trade star, Wang Shouwen with Li Chenggang, its envoy to the WTO.
According to the US, Trump was open to making a trade deal with China, stating that Beijing should make the first move and insisted that China needed their money.
