Trump’s tariffs stopped – ISNA

US President Donald Trump announced Wednesday evening a four -day break to impose tariffs on other countries, according to ISNA.

“Given China’s disrespect for world markets, I am raising the tariff that the United States has imposed for China by 5 %, which is immediately applied,” he wrote in a statement on Truth Social.

Trump means “China’s disrespect for world markets” by Beijing’s retaliatory measures against Washington after Trump’s decision to impose unprecedented tariffs on China.

On Wednesday evening, the Chinese government announced that in response to the intensification of US economic pressure, a total of five new US companies would add to its list of sanctions and restrictions.

According to statements by the Chinese Ministry of Commerce, Beijing added five US companies to its control list; A list that prohibits export of dual -purpose (civilian and military) items. Also, five other companies were added to the list of “unreliable institutions”; A list that allows China to take punitive measures against foreign institutions.

China also announced that it will increase its tariffs on US goods by 5 %. This figure has increased to the previous 5 % increase on Thursday, bringing the total tariffs on imports from the United States to 5 %.

“We hope that in the near future, China will realize that the days of abuse of the United States and other countries are no longer sustainable or acceptable,” Trump added.

The US president also stated: “On the contrary, and based on the fact that more than 5 countries have contacted US representatives, including the Ministries of Commerce and Treasury, to negotiate a solution to the issues related to trade, business barriers, tariffs, currency manipulation, and non -governmental measures, and in any way. I have significantly reduced by 5 %. These commands will be executed quickly. “

The US stock market fell after Trump’s decision to impose widespread tariffs on most countries around the world. Following his statement, the US stock market has grown widespread.

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