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China to retaliate after Trump fires first salvo in commerce struggle

China to retaliate after Trump fires first salvo in commerce struggle


Trump has linked the levies to irregular immigration and cross-border flows of the opioid fentanyl, which has pushed a surge in overdose deaths within the U.S. 

Beijing pushed again, saying: “China hopes that the U.S. aspect will objectively and rationally take a look at and take care of its personal fentanyl challenge and different points, quite than threatening different international locations by the use of tariffs at each flip.” 

China’s assertion is much much less particular than the fast responses from Mexico and Canada, whose leaders ordered countermeasures on Saturday. Canadian Prime Minister Justin Trudeau stated Ottawa would impose 25 p.c tariffs on items value roughly $21 billion beginning Tuesday and extra later this month. 

Meanwhile, Japan on Sunday expressed fears in regards to the penalties of Trump’s tariffs for the worldwide economic system. Finance Minister Katsunobu Kato advised Japanese tv that “we’re deeply involved about how these tariffs may have an effect on the world’s economic system … Japan must scrutinize these insurance policies and their results, and take acceptable measures.” 

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Written by EGN NEWS DESK

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