Beijing – China announced on Friday that it will impose a 34% rate on imports of all North -Americans from April 10. The new rate coincides with the rate of the United States rate announced by President Trump this week, which he called a « reciprocal » measure, claiming that China had rates and other existing measures on North -Americans who rose to 67% barrier.
For Mr. Trump’s So -called « liberation day » ratesThe White House used a formula to calculate the sum of all the commercial practices that it considers unfair to other nations, including coin manipulation, rates and other barriers, to reach its decision on most of almost all other countries in the world. Economists have questioned the methodology and many Foreign governments have complained Taxes are unfair and represent their commercial imbalances with the United States
The Beijing Ministry of Commerce also said in a warning that will impose more export controls on rare lands, which are materials used in high -tech products such as computer chips and electric vehicle batteries.
Samari and his compounds were used in the list of minerals subject to controls and their compounds, which are used in aerospace manufacturing and the defense sector. Another item called Gadolinium is used in RM explorations.
The Customs Administration of China said that he had suspended chicken imports from two North -Americans, Delaware Mountain Farms and coastal processing. He said that Chinese customs had repeatedly detected Furazolidone, a medicine banned in China, in shipments from these companies.
In addition, the Chinese government said it has added 27 companies to lists of companies subject to commercial sanctions or export controls. Among them, 16 are subject to the ban on the export of « dual use » goods. There were Aerotechnologies High Point, a defense technology company and a universal logistics company, a publicly commercialized transport and logistics company.
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Beijing also announced on Friday that he had filed a lawsuit with the World Trade Organization on Trump Administration’s rates.
On Friday later, Mr. Trump criticized China’s decision to combat his rates, saying in a publication on social media: « China played badly, they panic, the only thing that cannot be done! »
The Trump administration deployed its massive rate package this week has shown a punch for world stocks, with North -American markets record their worst loss day Thursday from Covid Pandemia. This hemorrhage of the values of the actions continued on Friday in Asian and European markets, as China announced its retaliation, becoming the first country to do so since Mr. Trump made his announcement at the White House on Wednesday.
China and other nations have expressed hope that new trade agreements could be reached with Washington, and emphasizing that there will be negotiations to which Mr. Trump has indicated an opening A, but even nearby allies such as the United Kingdom, which was affected by a minimum of 10% of base rate fee on Wednesday, have also made it clear that retaliation measures are in consideration.
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