Feb 02, Kathmandu- US President Donald Trump signed an executive order on Saturday imposing a 10 percent tax on goods imported from China. However, China opposes the tax.
On Saturday night, President Trump announced tariffs on imports from Canada, Mexico, and China. The White House said it would impose a 10 percent tariff on all imports from China on top of existing tariffs. However, China's Ministry of Commerce issued a statement saying that It was "completely dissatisfied" with Trump's decision. Chinese Foreign Ministry spokesman Mao Ning said that China always believes there is no winner in a trade war and is determined to defend its national interests.
Commerce Ministry spokesman He Yadong said China's stance on the tariff issue was stable. The US has also imposed 25 percent tariffs on goods from Mexico and Canada.