Regarding the escalation of trade tensions between the United States and China, the governments of states consider the possibility of tariff restrictions on China's imports with an amount of up to 245%. Information about this has been published by the White House press service.
In early April, President Donald Trump introduced 10 percent of tasks to all countries, as well as the tax rates increasing for countries with the largest trade deficit with the United States. These measures have been taken with the purpose of arranging the rules of the game and enhancing the US national security. The White House stated that later, more than 75 countries started negotiating with Washington to resolve the situation and end new trade agreements.
The statement noted that the introduction of personal tax rates have been suspended for all countries, except for China, have taken retaliatory measures. China is now threatened with a task of up to 245% for imported goods in the United States.
The White House does not provide specific details about the terms and structures of the planning measures to tighten the trade policy.
Earlier, it was reported that the increase of trade tensions between the United States and the PRC could lead to the reduction of world trade flows.