China quickly responded to 10 % of the 10 % tariffs on Chinese products by President Donald Trump.
They were enforced at 05:01 GMT on Tuesday, and after a while, the Ministry of Finance has announced that it will impose 15 % tariffs on importing US liquid natural gas (LNG) and coal, and oil, agricultural equipment, and It has been announced that some collection tax will be imposed. car.
In addition, the Ministry of Commerce and its customs governments have stated that they have begun to impose export management on some rare earth minerals and metals in the center of the U.S. high -tech industry and its green energy industries, where Beijing is booming. China has also announced measures against some US companies.
China was set on Monday as the start date of economic measures, despite the already being hit by US tariffs. Trump is expected to speak this week with the Chinese President Xi Jinping over the phone.
During the first term of Trump as president, China and the United States have played economic wars in a helpless tariff in disturbed the global economy. This time, Mr. Trump said that it had imposed a tariff on China against its role in the flow of Fentanil, a powerful synthetic opioid.
So what is the meaning of China’s tariff on the United States? And can you tell us about the same movement by Trump against Mexico and Canada about the potential radioactive drops from China’s objection?
What happened to Canada and Mexico, and how does it apply to China?
On the same Sunday that Trump announced tariffs in China, he declared that the United States would also impose 25 % of the two neighbors, Canada and Mexico to the United States.
In addition to the accusation of Fentanil’s flowing into the United States, he must also do sufficiently to stop the two neighboring countries that are unrecognized to the United States across borders. I blamed it.
Canada and Mexico responded with the same embarrassment as China. Mexico’s President Claudia Symbaum immediately ordered retaliation fees, and Canada’s Prime Minister Canada said that his country would match 25 % of US products.
Letricks and threats from all three countries have escalated until Monday, when Trump calls both the Trudeau and Symbaum. Later, he announced that he had agreed to pause for 30 days before the customs duties were enforced.
Trudeau and Sheinbaum said they agreed to strengthen their efforts to execute their borders.
Why does China only impose tariffs from Monday?
According to Lin Song, the Chief Economist in China, a Dutch financial company, Trump is coming to XI, and China seems to have given diplomatic opportunities as in Canada and Mexico.
“Delayed tariffs until February 10 can meet the highest level of leadership before that.
However, Julian Chime, a professor at Hong Kong City University, which specializes in International Economic Law, depends on how many people rely on the United States and Trump threatens retaliation tariffs. I mentioned.
“If Trump regards this as a direct challenge, his administration can respond with additional trade restrictions. This will strengthen the dispute,” he told Al Jazira.
What did China threaten to do?
When diplomacy failed and China, the world’s largest energy consumer, followed the threat of retaliation, the United States is called “rationally measured reaction” and is hit by LNG, coal, and crude oil tariffs.
China’s anti -monopoly regulatory authorities have investigated Alphabet’s Google, including Biotochnology Company Illumina, based on a list of brand holding companies, including Pvh Corp, Calvin Klein, and a potential company that may target sanctions. Was announced.
Electric trucks imported from the United States are attacked by 10 % of tariffs and can affect Tesla, an ally of Trump’s allies, Tesla, which promotes electric trucks in China.
The movement of China to suppress important minerals and metal exports used in electronic devices, military equipment, solar panels, etc. occurs when Beijing has strengthened its superiority over mining and processing of these materials. 。
The new control that comes into effect and is not the target of the deadline on Monday covers tungsten, terrain, bismas, indium, molybdenum, and their related products.
The Ministry of Commerce in China stated that this measure was to “protect national security.”
Controls are not completely prohibited, but exports may drop sharply because companies scramble to get export licenses. This is a process that takes about six weeks. It is not clear whether US importers will be licensed.
“It’s an equal size reaction, but it’s a different method from 2018,” said Gary NG, an advanced economist in Hong Kong’s Investment Bank Natics, mentioned the tariff wars engaged between the two countries during the 2017 Trump. I talked to Aljajira. -2021 The first term.
“This time, tariffs on targeted products, export management, and restrictions on market access are mixed, which is one of the world’s largest markets in the world, and to negotiate with the United States. It means using a role.
What are the potential radioactive drops in China?
China’s movement to imports the United States is for relatively small ratio of total products from the United States, and Song says that this number is 10-12 % based on the data of 2024 in the first calculation of Ing. I added it.
The United States is a relatively small source of Chinese crude oil, accounting for 1.7 % of last year’s imports, worth about $ 6 billion. In 2024, an average of 230,540 barrels from the United States per day fell 52 % from the same period in 2023.
About 5.4 % of China’s LNG imports come from the United States, with a total of 4.16 million tons last year, worth $ 2.41 billion. Last year, China purchased about 10 % of US LNG exports.
However, the purchase of these LNGs was almost twice as the United States and China went to the toes to the toes in the trade war in 2018.
The United States is not the main source of Chinese coal. Only 6.4 % of US coal production goes to China, indicating US export data.
Beijing imposes export restrictions on the possibility of hitting the United States more violently.
Tungsten is used to produce shells, armor plating, cutting tools, etc. for extreme hardness.
Approximately 60 % of tungsten consumed in the United States is heading to tungsten carbide, which is used for construction, metal processing, and drilling oil and gas. China created about 80 % of the global supply in 2023.
In this list, important indium in mobile phones and television screens, and Tellurium, Bismuth, and Molybdenum are essential for metal working.
China is one of the world’s leading producers in all of these materials, setting US technology and clean energy sector for pain.
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