President Trump takes effect on 10 % of all Chinese products at 12:01 am on Tuesday. This is the result of the administrative order issued on the weekend. The purpose is to put pressure on Beijing to force Fentny to transport to the United States.
The Chinese government quickly announced a series of retaliation steps, including additional tariffs on coal, natural gas, agricultural machinery and other American products. It also said that it has limited the export of certain key minerals, and many of the minerals are used for the production of high -tech products.
In addition, the Chinese market regulatory agency stated that they had conducted antitrust investigations on Google. Google is blocked by China’s Internet, but this may destroy the company’s transactions with Chinese companies.
Mr. Trump said on Monday that U.S. tariffs were “open Salvo”, and the president imposed the fee for his first term. Many Chinese products have faced 10 % or 25 % tariffs, which adds a 10 % tariff for Americans to buy $ 400 billion in products from China each year.
Mr. Trump has always planned to fight three largest trading partners in the United States with different degrees of tariffs, Canada, Mexico and China. However, after a few days of crazy negotiations, Mr. Trump agreed that the tax rate for Mexico and Canada had stopped for 30 days after the Canadian and Mexican government promised to strengthen the supervision of Finni and the border.
On Monday, Mr. Trump said that he plans to talk to Chinese leader Xi Jinping within the next 24 hours, but it is unclear when to speak. White House officials confirmed on Monday afternoon that tariffs with China were still scheduled to take effect at midnight.
Mr. Trump’s administrative order signed on Saturday and ended a popular solution. Many Chinese companies used to send goods to the United States without paying the 2018 President’s right-business company like Shein and TEMU will be The billions of dollars in Chinese factories impose tariffs on American consumers.
The agreement reached by Mr. Trump and Canada and Mexico made the United States stand out from the edge of the might -destructive trade war with the two closest allies. But this does not rule out a threat of similar conflicts in the future.
On Monday, Mr. Trump made it clear that he would freely deploy tariffs in order to give other governments what he wanted.
Mr. Trump said in his oval office: “I don’t want to use the name, but it is economically and everything you want.” “When you are a golden can, the tariff is very good. They are very good. They are very good. They are very good. They are very good. Very powerful, they will make our country very rich again “” “
Mr. Trump has accused China of not doing enough things to prevent Fantne’s exit and chemicals for making it. Trump said in an administrative order issued by Trump on Saturday that the transportation of synthetic opioids has disrupted the US community and caused serious pressure on the medical care system in the United States, and is the main cause of death for people aged 18 to 45 in the United States.
China criticized Mr. Trump’s administrative order on weekends, but did not immediately promise to retaliate against its trade measures. Instead, it said that it is considering taking “countermeasures” and will filed a lawsuit against the United States in the World Trade Organization.
It is unclear what other steps (if so) have recently taken the Chinese government, except for its previous law enforcement cooperation with the United States in Findni trade. Mr. Trump discussed with Mr. XI on the first week of his tenure on the phone.
During the first term of Mr. Trump, China proposed a ban on Fantnea, and began to arrest the sales of dealers under the pressure of Mr. Trump. In 2023, Xi Jinping and former President Joseph R. Biden Jr. (Joseph R. Biden Jr.
A spokesman for the Chinese Embassy said that China is resolutely opposed to tariffs, and any difference or friction should be resolved through dialogue. The spokesman said: “In the trade war or tariff war, there is no winner. This will not support one party nor the interests of the world.”
Mr. Trump launched a fierce trade war during his first term, and the case found the country’s unfairly infringement of American intellectual property rights. He raised tariffs on China and eventually levied tariffs to about 60 % of the country’s exports to the United States. In January 2020, he signed a trade agreement with Chinese leaders, but the tariffs still existed. Mr. Biden kept these taxes in the right place and added additional tariffs on electric vehicles, solar cells, semiconductor and advanced batteries.
