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“We won’t bow to any pressure” – China warn US about the consequences of Donald Trump’s actions as Trade war continues

The ongoing Trade war between the United States and China has already escalated.

China has made it clear that it will not bow to any pressure that the United States is hitting them with in the form of tariff increament.

READ ALSO: China bans US films in response to Trumps tariffs

The government insist they wont in any way succumb to Trump’s latest tariff threats of 50% in additional tariffs that will go into effect on April 9th.

If Trump’s plans take effect, it  means he’ll increase China’s tariffs to 104% in total Alfred.

It is also worthy to take note that 70% of the products you buy on Amazon are sourced from China.

READ ALSO: “An eye for an eye” China announces huge tariffs imposed on US oil, agricultural equipment, coal, and LNG in retaliation to Trump’s tariffs

The 104% tariffs mean importers I’m the US will have to pay more in taxes to the US government than they do to the manufacturer they buy the products from in China according to financial experts.

This could affect many who purchase things from China thereby leading to a stop in purchasing Chinese goods into the US.

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