China against Trump: trade war is official

washington - The Chinese government has responded to the hefty import tariffs that President Donald Trump of the United States has announced: the trade war is now officially unleashed.

'The United States continues to change its mind and has now unleashed a trade war,' according to a statement from the Chinese government. China 'does not want a trade war' but will 'fight back vigorously' in the interest of the country itself and the global trading system. 'We will immediately take measures that will match the scale and intensity of the American', it sounds threatening.

On Friday, Trump approved import duties on Chinese goods, representing a market value of $ 50 billion. An additional tax of 25 percent is levied on those products. The president had already pre-sorted on Chinese countermeasures: he would then set new import tariffs again. This gives the starting shot for the race.

Europe and the Netherlands follow the 'war' of import tariffs with suspicion. VNO-NCW and MKB-Nederland stated earlier today that the developments are only for 'export country' Netherlands. 'On balance, these developments only have losers. (...) We hope that the two world powers will soon come to sensible agreements, because this is not good for anyone. '

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