China announces counter tariffs on numerous U.S. products as U.S. levies were due to take effect
China said on Tuesday that the tariffs on President Trump’s Chinese products and tariffs on multiple imported products in the United States. It also announced an anti -Torais investigation against Google and other US trade measures
China said it will impose a 15 % tariff on coal and liquefied natural gas products, as well as 10 % tariffs on crude oil, agricultural machinery and large engine cars imported from the United States, and tariffs will take effect next Monday.
A statement of the Ministry of Finance said: “Unilateral tariffs in the United States have seriously violated the rules of the World Trade Organization.” “It not only does not help solve its own problems, but also harms normal economic and trade cooperation between China and the United States.”
In addition, the China Market Supervision Bureau said on Tuesday that Google is investigating that Google is suspected of violating anti -Tora law. The announcement did not mention tariffs, but only a few minutes after Mr. Trump’s 10 % tariffs on China took effect.
Mr. Trump suspended the plan on Monday Effective tariffs After talking with the leaders of the two countries, it was imported from Mexico and Canada for at least one month, and they vowed to step up their efforts to talk with the United States and Chinese President Xi Jinping on their border. The next few days.
In addition to tariffs and Google surveys, China has also announced the export control of several elements that are vital to modern high -tech products. They include tungsten, Taylor, soldiers, molybdenum and dependence. Many of them are designated as key minerals by the US Geological Survey, which means that they are vital to the US economy or national security and have a supply chain that is vulnerable to damage.
Export control measures are supplemented by China ’s key element (such as artillery) in December.
The Ministry of Commerce also included two American companies in a “unreliable entity” list: PVH Group, which has Calvin Klein and Tommy Hilfiger, and Illumina, a biotechnology company with offices in China. The list prohibits them from engaging in import and export activities related to China and new investment in the country.
On Saturday, Mr. Trump signed an order Examination of 25 % tariffs on imports From Mexico and Canada, 10 % of products are levied from China. They will start at 12:01 am on Tuesday.
Both Mexico and Canada explain They will impose retaliatory tariffs on retaliatory imports in the United States, which arouses people’s concerns about the trade war. This war may stifle economic activities between the United States and its neighbors.
