China announced on Tuesday that it will impose Tariffs from 10% to 15% to certain United States products As of February 10, after the additional taxes of the US president, the US president imposed, Donald Trumpto Chinese products.
Also, Beijing also announced new controls to key mineral exports and launched an antitrust investigation against the American technological giant Google.
As specified in a statement the Customs Commission of the Chinese Executive, China will apply a 15 % tariff to Liquefied coal and natural gas productsas well as one of 10 % to those of crude oil, agricultural machinery, large -displayed cars and trucks“
“In the case of imported goods that are originally from the United Statesthe corresponding tariffs will be applied on the basis of the current tariff rates, “he adds.
Trump’s tariffs, Fentanyl account taxes“They seriously violate the norms of the World Trade Organization (WTO)” and “do not address the problems of the United States but also undermine economic and commercial cooperation between China and the United States,” said the statement, released through the Website of the Ministry of Finance of the Asian Giant.
Likewise, the State Market Regulation Administration of China announced in another statement that it has initiated a formal investigation into the American technological giant Google by alleged violation of China’s antimonopoolio lawwithout offering more details.
Finally, the Commerce portfolio announced export controls of articles related to tungsten, telurio, bismuth, molybdenum and the Indian.
The ministry indicated in a statement that makes the decision “in accordance with the law”in order to “safeguard national security and interests” and to “comply with international obligations such as non -proliferation.”
The portfolio added today that he added two US companies, PVH Group and Illumina Incto the list of entities not reliable for “violating the principles of the market, interrupting normal transactions with Chinese companies, adopting discriminatory measures against Chinese companies and seriously damaging the legitimate rights and interests of Chinese companies.”
Trump delays tariffs to Mexico and Canada
Trump delayed the tariffs that he had imposed on imports from Canada and Mexico for a month, but 10 % rates to Chinese imports entered into force this afternoon during Beijing hours. The American leader advanced yesterday that he would talk to Chinese managers in the next few days and that it was possible that there was a pause.
Beijing had promised Sunday reprisals to “safeguard your rights and interests firmly”in addition to submitting a demand before the World Trade Organization (WTO) for the US “illegal practices”.
In his first presidency (2017-2021), Trump has already maintained a tense relationship with Beijing By imposing several batches of rates worth about 370,000 million dollars annually, which China responded with taxes on US exports.
