China strikes back after Trump imposes 10% duty on goods

Beijing quickly responded to Tuesday to the Customs President, as President Trump had promised, announcing a fusillade of countermeasures aimed at US companies and imports of critical products.

Trump’s 10 percent duty on all Chinese products came into force at 1 p.m. 12:01 Tuesday, the result of a executive order issued over the weekend aimed at pushing Beijing to crack down on fentanyl shipments into the United States.

The Chinese government returned with a number of retaliatory stages, including additional tariffs on coal, natural gas, agricultural machinery and other products from the United States. It also said it had implemented restrictions on the export of certain critical minerals, many of which are used for the production of high -tech products.

In addition, Chinese market regulators said they had launched an antimonopoly study of Google. Google is blocked from China’s Internet, but the move can interfere with the company’s dealings with Chinese companies.

The American Targets, such as Mr. Trump said Monday was a “opening of Salvo,” comes on top of charges that the president introduced during his first period. Many Chinese products were already facing a 10 or 25 percent duty, and the move adds a 10 percent duty to more than $ 400 billion goods that Americans buy from China each year.

Mr. Trump had planned to hit America’s three largest trading partners, Canada, Mexico and China with tariffs at varying degrees. But after days of hectic negotiations, Mr. Trump to put customs duties on Mexico and Canada for 30 days after the Canadian and Mexican governments promised to intensify their oversee of fentanyl and the border.

Monday said Mr. Trump that he was planning to talk to Chinese leader Xi Jinping within the next 24 hours, but it wasn’t clear when the phone call would take place. Before there was any call for a call, the Chinese authorities rolled a number of countermeasures to punish US companies.

“The unilateral introduction of customs duties from the United States is a serious violation of the rules of the World Trade Organization, will not help to solve its own problems and will also harm the normal economic and trade cooperation between China and the United States,” China’s Ministry of Finance said in Advertising the new tariffs.

China’s countermeasures included an additional 10 percent duty on crude oil, agricultural equipment, larger cars and pickup cars, as well as an additional 15 percent duty on coal and natural gas, the Chinese tax authorities advertised. Chinese market regulators also announced the antimonopoly survey of Google.

China’s Ministry of Commerce and Customs Agency also announced new restrictions on the export of tungsten, tellurium, molybdenum and other metals that are important in industry and new technologies, citing “national security and interests.”

Mr. Trump’s executive order, signed on Saturday, also ended a popular solution that many Chinese companies have used to send goods to the United States without -Commerce businesses such as Shein and Temu to send billions of dollars products from Chinese factories directly to American Consumers Tariff Free.

The agreement that Mr. Trump entered with Canada and Mexico on Monday, brought the United States back from the verge of a potentially devastating trade war with two of his closest allies. But it did not exclude the threat of similar conflicts that happen later.

Monday did Mr. Trump clearly that he would insert customs rates liberally to get other governments to give him what he wants.

“I don’t want to use names, but duty is very powerful, both financially and by getting everything else you want,” said Mr. Trump under comments in Oval Office. “When you are the gold pot, the tariffs are very good, they are very powerful and they will make our country very rich again.”

Mr. Trump has accused China of not doing enough of stopping the export of fentanyl and the chemicals used to do so. In an executive order issued on Saturday, Mr. Trump, that shipments of synthetic opioids had ravaged US communities, put a serious burden on the US health system and was the leading cause of death for people aged 18 to 45 in the United States.

China criticized Mr. Trump’s executive order over the weekend, but did not immediately promise to retaliate with his own trade measures. Instead, it said it was considering taking “countermeasures” and would file a case against the United States in the World Trade Organization.

It is not clear what further steps the Chinese government has recently taken if anyone, in addition to its previous law enforcement work with the United States on the Fentanyl trade. Mr. Trump discussed Fentanyl with Mr. XI in a phone call during his first week in office.

Under Mr. Trump’s first period introduced China a ban on Fentanyl and began to coordinate efforts with the United States to capture human traffickers under pressure from Mr. Trump. And by 2023 Mr. XI and former President Joseph R. Biden Jr. A number of bilateral conversations about drugs after they met in Woodside, Calif.

A spokesman for the Chinese Embassy had said that China fixed opposite tariffs and that any differences or friction should be solved through dialogue. “There is no winner in a trade war or customs war that serves neither pages nor the interests of the world,” the spokesman said.

Mr. Trump waged an intense trade war with China during his first period, after launching a trade case that found the country unfairly violating American intellectual property. He ratcheted up tariffs in China and ultimately used tariffs of approx. 60 percent of the country’s exports to the United States. In January 2020, he signed a trade agreement with Chinese leaders, but the customs were in place. Mr. The bite held these charges in place and added additional tariffs on electric vehicles, solar cells, semiconductors and advanced batteries.

Amy Chang Chien Contributed with reporting from Taipei, Taiwan.