China won’t stand for Trump’s trade war and bullying tactics

China won’t stand for Trump’s trade war and bullying tactics

European Union trade official Cecilia Malmström said that the European Union "did not want to be in this position", but that it had no choice.

But the European Union tariffs also come in addition to a historic decline in transatlantic relations, especially in the aftermath of the Group of Seven summit in Quebec earlier this month, when Trump withdrew the United States from a multilateral communiqué at the last minute.

It had previously registered the move with the World Trade Organization (WTO).

The European Union will start imposing duties on a list of USA products as of Friday in response to President Donald Trump's decision to slap tariffs on steel and aluminium imports from Europe.

While the U.S. can perhaps intimidate Mexico or other developing countries with such bullying tariffs, China is no longer a developing country and knows how to stand up for its rights.

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"The trade that we believe in is built on rules, trust, reliable partnership".

The 28-nation EU's trade chief, Cecilia Malmstrom, said Wednesday that the bloc would introduce the tariffs on about 2.8 billion euros' ($3.4 billion) worth of US products.

The EU trade commissioner has acknowledged that the EU targeted some iconic American items to put political pressure on U.S. President Donald Trump and senior U.S. politicians.

China says will hit back if the latest tariff threats from Trump materialize, while India slaps retaliatory levies on U.S. goods.

"We are already beginning to see some increased regulatory scrutiny against US companies operating in the market, whether it is increased Customs enforcement, local emissions inspections at our companies' factories or stricter enforcement of the advertising law", said Mr Jake Parker, vice-president of China operations for the US-China Business Council in Beijing.

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"He's right, we make great cars in the United States".

It is hard for the White House to unilaterally impose tariffs without input from Congress, but Trump has found several ways to do it this year.

And he is threatening to impose another national security-based tariff on imports of cars, trucks and auto parts. Trump has threatened to impose new taxes on European and other imported cars - an idea that caught many by surprise, because domestic automakers GM and Ford have been thriving, and foreign companies such as BMW, Toyota and Honda now have large plants in the U.S.

President Trump said the measures against the EU are meant to protect US national security interests, but the Europeans claim it can not be that close allies, many of them North Atlantic Treaty Organisation partners, would endanger USA security. All told, the $450 billion in potential tariffs would cover almost 90 percent of goods China sends to the United States. The department expected 4,500 requests. Canada's retaliatory measures begin on July 1, and Mexico and other nations have also announced they will respond. Senators this week grilled Commerce Secretary Wilbur Ross. Therefore, I don't want cars made oversees.

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