China announced this Friday that it will upload the duty to the products of the United States to 125%, further deepening the Commercial War Between the two major economies of the world.
This answer caused more agitation in marketswith falls in the Bags European, a climb of gold and a drop in the dollar.
In a message on its social truth platform, the US president, Donald Trumphe continued defending his Friday his strategy: “We are doing really well.”
On Trump’s “optimism” White House China’s response was pronounced after knowing the duty That imposed the United States.
“The president has made it very clear that he is open to an agreement with China,” the White House spokeswoman told reporters, Karoline Leavitt.
“Very exciting for USA And the world! “He wrote.
But in a sign of the growing concern of the Investors for the health of the economy American under Trump’s government, the dollar fell to a minimum of three years in front of the euro.
In Beijing, the Tariff Commission of the State Council affirmed in a statement that “the imposition by the United States of duty abnormally high a China Seriously violate the rules commercial international, basic economic laws and common sense. “
And announced that from Saturday will apply duty of 125% for American products, in retaliation for the taxes of 145% taxes on Imports Chinese in the United States.
Beijin said that its dutyalthough Washington does it.
China He also announced that he will file a lawsuit before the World Trade Organization (WTO) for the last round of duty Trump, having resorted to the body this week.
Economists warn that barriers to trade between economies China and American, closely linked, threatens companiesprices will increase for consumers and could cause a global recession.
Ipek Ozkardeskaya, an analyst at the Swissquote Bank, considered that the magnitude of the duty It is such that they no longer make sense. “
“But in Chinait is clear that they are now willing to get as far as necessary, since they have renounced earnings In the short term in exchange for long -term relief, “he told AFP.
– “Resist together” –
Trump announced on Wednesday a 90 -day pause in the duty that had just imposed at 60 members commercialexcept to China.
However, Washington maintains duty minimum of 10% and rates of 25% on steel, aluminum and cars, which affect among others European Union.
Chinese president, Xi Jinpinghe urged the EU to “resist” harassment “together.
In a meeting in Beijing with the head of the Spanish Government, Pedro Sánchez, the leader of the second economy World Cup highlighted the need for cooperation against Commercial War launched by Trump.
“China and the EU must assume their international responsibilities, protect economic globalization together (…) and resist together unilateral harassment, “Xi said.
“Both Spain and Europe have an important Commercial deficit with China that you have to work to correct, “said Sánchez.
But “we must not let tensions commercial They intervene to the potential growth of our relationship between China and Spain and between China and the EU, “added the Spanish socialist president.
The European Commissioner of Commerce, Maros Sefcovicwill keep on Monday at Washington meetings with senior US officials to “avoid a climb” of tensions commercialthe European Commission said.
– New dispute with Mexico –
The European Union He decided to suspend the prepared retaliation measures “to give negotiations a chance” after Trump Pausara the calls “duty reciprocal “.
The American president said that the leaders of the block had been “very ready.” “They were prepared to announce retaliation. They heard what we did with China And they said: ‘Do you know what? We are going to wait a little, ‘”he said.
However, the president of the European Commission, Ursula von der Leyenwarned that they have available a “wide range of Contramedidas“, How to assess the advertising income of US digital platforms within the block.
Meanwhile, the European Central Bank is “ready to intervene” in case of risk for Financial stability In the Eurozone, said his president, Christine Lagarde.
On the other hand, the US President threatened Thursday again to Mexico with “duty And maybe even sanctions“Until a treaty from 1944 and “give Texas the water that owes it.”
That treaty states that Mexico and the United States shares the waters of Los Ríos Grande (which Mexicans call Bravo) and Colorado, which run through the border between the two countries.
But when it was signed Future drought problems were not taken into account nor the increase in the population, which has caused friction.
