U.S. imposes 10 pc tariff on Chinese goods

Washington, Feb. 2 (Agency) U.S. President Donald Trump signed an executive order on Saturday to impose a 10-percent tariff on goods imported from China. The latest U.S. trade protectionist measure has drawn widespread opposition both domestically and internationally. The White House said the 10-percent tariff is on all imports from China on top of existing tariffs. Trump says the tariffs dovetail with his embrace of protectionist measures.

Chinese Foreign Ministry Spokesperson Mao Ning has said that China always believes that there is no winner in a trade war or tariff war, and remains steadfast in safeguarding its national interests. Spokesperson for the Ministry of Commerce He Yadong said China’s position on the tariff issue is consistent. Tariff measures are not conducive to the interests of either China or the United States, nor to the rest of the world, He said. According to the executive order, the United States also imposed a 25-percent tariff on goods from Mexico and Canada. For energy products from Canada, the administration imposed a 10-percent tariff.