Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

    May 16, 2026

    Five Italians dead after Maldives cave dive

    May 15, 2026

    FAO urges stricter checks on recycled food packaging

    May 15, 2026
    Trending
    • Porsche reveals bespoke 911 GT3 RS in Macadamiametallic
    • Five Italians dead after Maldives cave dive
    • FAO urges stricter checks on recycled food packaging
    • Hantavirus contacts in France and Netherlands test negative
    • Russian AI patent streamlines geological core analysis
    • Putin says Russia tests Sarmat missile successfully
    • WHO says Andes virus spread occurred aboard MV Hondius
    • Manchester City Women open £10m first-team base
    • Home
    • Contact Us
    Lloyd's Evening PostLloyd's Evening Post
    Saturday, May 16
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Lloyd's Evening PostLloyd's Evening Post
    Home » Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports
    Uncategorized

    Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports

    February 4, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect on February 10, include a 15% duty on certain types of coal and liquefied natural gas, as well as a 10% tariff on crude oil, agricultural machinery, large-displacement cars, and pickup trucks.

    Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports

    In addition to the tariffs, China’s Ministry of Commerce and customs authorities introduced new export controls on over two dozen metal products and related technologies. Among the restricted materials are tungsten, a key industrial and defense mineral, and tellurium, which is used in solar cell production. The Ministry of Commerce further announced that two American firms, biotech company Illumina and fashion retailer PVH Group, the parent company of Calvin Klein and Tommy Hilfiger, have been added to China’s unreliable entities list, citing violations of standard market trading principles.

    Simultaneously, China’s State Administration for Market Regulation initiated an antitrust investigation into Google for suspected violations. Although Google’s search engine is unavailable in China, the move signals Beijing’s broader response to Washington’s escalating trade actions. The measures were unveiled as the U.S. tariffs covering more than $450 billion in Chinese goods went into effect.

    Economic analysts suggest that Beijing’s countermeasures are calibrated to send a political message while minimizing economic damage. According to Julian Evans-Pritchard of Capital Economics, the newly imposed tariffs target approximately $20 billion worth of U.S. imports, representing around 12% of the total annual trade volume between the two countries. This is significantly lower than the scale of Washington’s tariffs on Chinese goods.

    Beijing has also taken steps on the diplomatic front, filing a formal complaint with the World Trade Organization (WTO). In a statement, China’s Ministry of Commerce accused the U.S. of undermining the multilateral trading system, destabilizing global supply chains, and violating the principles of economic cooperation. Chinese officials vowed to pursue additional countermeasures if necessary. The retaliatory measures come amid broader geopolitical tensions between Washington and Beijing, with trade imbalances, technology disputes, and concerns over fentanyl exports factoring into the strained relationship.

    Trump linked the tariffs to China’s alleged role in supplying precursor chemicals for fentanyl production, a claim Beijing has consistently denied. The White House had also recently announced tariffs on Mexican and Canadian imports, though those were paused following negotiations with their respective leaders. While Beijing’s response signals its willingness to push back against Washington, it has also left room for potential trade negotiations. Trump, who had earlier threatened tariffs of up to 60% on Chinese goods, suggested that he may speak with Chinese President Xi Jinping in the coming days. – By MENA Newswire News Desk.

    Related Posts

    Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

    May 16, 2026

    Five Italians dead after Maldives cave dive

    May 15, 2026

    FAO urges stricter checks on recycled food packaging

    May 15, 2026

    Hantavirus contacts in France and Netherlands test negative

    May 15, 2026

    Russian AI patent streamlines geological core analysis

    May 15, 2026

    Putin says Russia tests Sarmat missile successfully

    May 14, 2026
    Latest News

    Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

    May 16, 2026

    Five Italians dead after Maldives cave dive

    May 15, 2026

    FAO urges stricter checks on recycled food packaging

    May 15, 2026

    Hantavirus contacts in France and Netherlands test negative

    May 15, 2026

    Russian AI patent streamlines geological core analysis

    May 15, 2026

    Putin says Russia tests Sarmat missile successfully

    May 14, 2026

    WHO says Andes virus spread occurred aboard MV Hondius

    May 14, 2026

    Manchester City Women open £10m first-team base

    May 14, 2026
    © 2024 Lloyd's Evening Post | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.