China-USA trade relations tense
China - Commercial relations between China and USA are experiencing
new tensions after the US decision to impose bigger tariff to the Asian
products that responded with an anti-dumping investigation against the
The White House announced last Friday surcharge to wheels of
passengers’ vehicles and Chinese light trucks for three years.
Besides the current tariff of four percent that will increase to 35
percent during the first year, 30 in the second and 25 in the third,
before September 26. The decision was rejected by the other part which
Trade Minister Chen Deming considered it violation of the rules of the
World Trade Organization (WHO) and a serious act of protectionism.