Trump wages tariff war Canada, Mexico vows to hit back; China to sue US at WTO
PTC News Desk: As Donald Trump has waged tariff war with other countries, China has pledged to for countermeasures against the United States. China on Sunday said it "firmly opposes" the new tariffs imposed on the country by US President Donald Trump and warned of taking "corresponding countermeasures" to resolutely safeguard its own rights and interests.
In an official statement released, Chinese ministry has said that it would also file a lawsuit with the World Trade Organisation against US for unlawful practices. "China is strongly dissatisfied with and firmly opposes US tariffs imposed on Chinese goods," the ministry said.
Meanwhile Canada and Mexico have also expressed their dissatisfaction over Trump's decision to implement 25 per cent additional tariff on imports.
Mexican President Claudia Sheinbaum Pardo announced that Mexico would impose retaliatory tariffs and strongly rejected Trump's "slander" that the Mexican government has ties with criminal organizations.
She proposed creating a working group with top public health and security teams from both countries to address shared concerns.
In a post on social media she said, "We categorically reject the White House's slander against the Mexican government for having alliances with criminal organizations, as well as any intention of intervention in our territory. If such an alliance exists anywhere, it is in the United States armouries that sell high-powered weapons to these criminal groups, as demonstrated by the United States Department of Justice itself in January of this year."
Canada's prime minister, Justin Trudeau, on Saturday night announced in a news conference that Canada would retaliate by placing 25 per cent tariffs "against USD 155 billion worth of American goods," with the first set of tariffs taking effect Tuesday.
"This will include immediate tariffs on USD 30 billion worth of goods as of Tuesday, followed by further tariffs on USD 125 billion worth of American products in 21 days' time to allow Canadian companies and supply chains to seek to find alternatives," Trudeau said.
- With inputs from agencies