Beijing raised its import taxes to 125 % on Friday, protesting US President Trump’s decision to impose higher duties on Foreign products.
Chinese President Xi Jinping said,” There are no winners in a price war, and going against the globe will only lead to self-isolation,” during his first public address on the subject.
He urged China and the Union to” simultaneously oppose punitive acts of bullying,” adding that China is” not afraid of any unfair destruction.”
