The government said, it will implement a 15 percent fee on coal and liquefied natural gas (LNG) products. Also, 10 percent fee will be levied on crude oil, agricultural machinery, big cars.
The statement said, “Unilateral fee increase is a serious violation of the rules of the World Trade Organization. This will not help in solving its problems, rather it will harm general economic and trade cooperation between China and America. ”
US President Donald Trump’s 10 percent fee on China came into effect from Tuesday. However, Trump plans to interact with Chinese President Xi Chinfing in the next few days.
US President Donald Trump on Saturday signed an order to impose strict duty on goods imported from Mexico, Canada and China. He claimed that these fees are “necessary for the protection of Americans”.
However, in separate talks with Canadian Prime Minister Justin Trudeau and Mexico President Claudia Shinbam, Trump has agreed to ban the implementation of the decision to impose fees on the two countries for at least one month.
Meanwhile, China’s ‘State Administration for Market Regulation’ said on Tuesday that it was investigating Google on suspicion of violation of the confidence.
Although no fee was specially mentioned in it, the announcement has been made a few minutes after Trump’s 10 percent fee came into force.
