Chinese meter hits us back with tariffs, Google – will investigate the national
Chinese President Donald is announcing a antitrust investigation for tariffs on board of TRUC, US imports, as well as Google and other trade events.
US tariffs for products from Canada and Mexico have entered into effect on Tuesday before taking a 30-day break to ensure Trump’s border security and drug trafficking. Trump planned to talk to Chinese President Xi Jinping in the coming days.
The Chinese reaction said, “Measured”, John Gong, Professor John Gong at the University of International Business and Economics, Beijing. “I do not think that the trade war has increased,” he said. “And they see this example from Canada and Mexico and hope for the same thing.”
This is not the first round of tat-tat movements between the two countries. In China and the United States, Trump has raised tariffs for Chinese goods and engaged in a trade war with a trade war in Chinese.
This time, analysts said, in different sectors of the economy, the government has been preparing better to the government meter, taking measures to individual US companies.
China, coal and liquefied natural gas products, 15% tariffs with tariffs of large-scale car tariffs, as well as raw oil, agricultural machinery and large-scale car tariffs, he said, he said.
“The unilateral tariff is seriously violating the rules of the world trade organization,” he said. “This is not only to solve their problems, but also the normal economic and trade cooperation between China and the United States”
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The impact on US exports may be limited. Although the United States is the largest exporter of liquid natural gas in the world, it does not export much to China. In 2023, the United States exported 173,247 million cubic feet of LNG to China, which accounted for about 2.3% of the United States, USA.
China imported 700,000 cars last year and leading importers reported from Europe and Japan, the founder of the founder of Shanghai, Bill Russo.
Export control in critical minerals
China has announced export control over several critical elements for the production of modern high-tech products.
Many of them include toungram, Toymouth, Molybden and Tirzi minerals such as critical minerals by US geological survey, ie are important for those who are necessary for those necessary for economic or national security.
Export control is added to those in the basic elements such as Gallium in December in December.
“They have a more advanced export regime,” Philippic chances, strategic and international research center and an economist in the center of the former State Department, discussed a panel discussion on Monday.
“We depend on them for many critical minerals: Gallium, germanium, graphite, a house of others,” he said. “So … they were able to seriously hurt our economy.”
China’s response is calculated and measured, Stephen Dover, head of the head market strategy and the head of the Franklin Templeton Institute Franklin Templeton. But he said he had further affected the world.
“One risk is that this is a risk that GDP growth, higher inflation, the US interest rates can be more powerful and lower pressure.
US companies also affected
In addition, the State Administration for Sunday regulation of China, said that Google suspicion of violating Antitrest laws on Tuesday. The announcement did not remind the tariffs, but a few minutes later came to force Trump’s 10% of China’s tariffs.
It is not clear how Prokri will affect Google operations. The company has faced the complaints of Chinese smartphone manufacturers covering the work experience around the Android operating system.
Otherwise, Google has a limited existence in China and the search engine is blocked in the country as other Western platforms. Google left the Chinese market in 2010 after refusing to comply with censorship requests from the Chinese government and follow a number of Cyberattacks in the company.
Google did not comment immediately.
The Ministry of Commerce also includes two American companies in an invalid institution: PVH Group, a biotechnology company with offices in Calvin Klein and Tommy Hilfiger and Chinese offices. The list may take them to prevent the import or export activity of Chinese import or export activities or new investments in the country.
Beijing, PVH Group in September last year, Boyolts the use of Xinjiang cotton after the act of “wrong Xinjiang.
This is “alarming” in the list of invalid institutions in the list of invalid organizations, because the Chinese government uses the list of pressure on US companies, George Chen, Asian group, Washington DC headquarters policy advice.
“As it says that it is almost American companies, you say that your government is bad, or more tariffs to the government, or in the end of the United States,” Chen said.
Wu reported from Bangkok. In Taiwan, Hong Kong and Hong Kong and Hong Kong and Christopher Bodeen, AP writers Zen Soo contributed to this report.
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