Phew! The roommates, the word “prices” made the headlines on information sites and content on social networks. Indeed, the United States and China, in particular, fought for commercial power. But what all of these percentage increases In fact Mean especially for the American people? And where President Donald Trump and Chinese officials are on the issue. Well, let’s decompose everything for a glance!

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President Donald Trump has interrupted import taxes this week for several other countries. However, he raised prices on China, capping it 145%. On Wednesday, the president said that China would face 125% tariffs, but he did not include a 20% rate linked to the role of China in fentanyl production.

China is accompanied by us by increasing the 125% prices

Friday April 11, China announced that it would increase prices on American products by 84% to 125%, by the Associated Press. This is the last decision to climb the trade war between the two biggest economies in the world that made the markets tremble and raised fears of a global slowdown. If you didn’t know, we are talking about an ox between Global economies n ° 1 (United States) and n ° 2 (China).

China has criticized politics as “economic intimidation” and promised countermeasures. New prices in the United States are starting on Saturday April 12. In a statement announcing these new prices, a spokesperson for the Chinese Finance Ministry, clow the commercial fight. He said the repeated rates of prices “Will become a joke in the history of the world economy. “”

“However, if the United States insists on continuing to harm China’s interests, China Counter-Conte-et will fight until the end,” said the spokesperson.

Meanwhile, the Chinese Ministry of Commerce declared that it would be another trial with the World Trade Organization against American prices.

“There are no winners in a tariff war,” said Chinese chief Xi Jinping at a meeting with Spanish Prime Minister Pedro Sanchez. “For more than 70 years, China has always been based on itself … and hard work for development, without ever relying on the favors of anyone and fearing any unreasonable deletion.”

Chinese Foreign Minister Wang Yi also spoke on Friday. Wang Yi said China was firmly firm against Trump’s prices not only to defend his own rights and interests, but also for “Protect the common interests of the international community to ensure that humanity is not brought back to a world of the jungle where good could do.” Wang also said that China “Work with other countries to jointly resist all retrogrestic actions in the world.”

What will be affected by this fight?

Chinese prices will affect goods such as soybeans, planes and their pieces and drugs, which are among the main imports of the country from the United States

Beijing, meanwhile, suspended sorghum, poultry and bonmeal imports of certain American companies last week. It has also increased export controls on rare earth minerals, which are important for various technologies.

The main imports of the United States from China include electronics, such as computers and mobile phones, industrial equipment and toys. Trump’s 145% tariffs on consumers and Trump companies are likely to see prices increase on these products.

Officials of the White House hope that import taxes will create more manufacturing jobs by bringing production to the United States. However, some experts say that it is a politically risky compromise that could take years or never happen.

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The staff of the Associated Press contributed to this report.