
China Fires Back Imposing Tariffs on US Energy, Vehicles, and Equipment in Escalating Trade War BEIJING — The ongoing trade war between the United States and China has taken a dramatic turn, with Beijing imposing tariffs on American energy, vehicles, and equipment in response to Washington's latest measures. This significant escalation marks a new chapter in the intense dispute between the world's two largest economies. The US President, Donald Trump, announced a series of sweeping trade measures over the weekend, including a 10% duty on goods from China, effective Saturday. In swift retaliation, China introduced levies of 15% on imports of coal and liquefied natural gas just minutes after the US tariffs took effect. On Tuesday, Beijing unveiled a 10% tariff on imports of crude oil, agricultural machinery, big-engined vehicles, and pickup trucks. China's Ministry of Commerce characterized Washington's move as a "serious violation" of World Trade Organization (WTO) rules, citing failure to address underlying issues and disrupt normal economic cooperation between China and the US. In response, Beijing announced its intention to file a complaint with the WTO over the "malicious" levies. The Chinese government also launched an investigation into tech giant Google, added fashion group PVH Corp., which owns Tommy Hilfiger and Calvin Klein, and biotech giant Illumina to a list of "unreliable entities." Additionally, China introduced fresh export controls on rare metals and chemicals used in various industrial appliances. President Trump has claimed that his tariffs are intended to punish countries for failing to halt flows of illegal migrants and drugs into the US. However, he stated on Monday that he planned to call Chinese counterpart Xi Jinping within the next 24 hours. Border Measures In a separate development, Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau struck deals with Trump to tighten border measures against the flow of migrants and fentanyl into the US. This led to a 30-day pause on threatened tariffs. Trump said that after "very friendly" talks with Sheinbum, he would "immediately pause" the tariffs on Mexico, stating that his counterpart had agreed to send 10,000 troops to the US-Mexico frontier. Tensions appeared higher between the US and Canada, but following two calls with Trudeau, Trump stated on his Truth Social network that the premier had agreed to ensure a secure Northern Border and address the deadly scourge of drugs like fentanyl. Trudeau said Canada would deploy nearly 10,000 frontline officers to help secure the border, list drug cartels as terrorists, appoint a "Fentanyl Czar," and crack down on money laundering. The extent to which these changes will impact the Canadian border remains unclear, given that authorities reported in December they already had 8,500 personnel deployed. Canada, China, and Mexico are the US' three biggest trading partners.
China Fires Back Imposing Tariffs on US Energy, Vehicles, and Equipment in Escalating Trade War BEIJING — The ongoing trade war between the United States and China has taken a dramatic turn, with Beijing imposing tariffs on American energy, vehicles, and equipment in response to Washington's latest measures. This significant escalation marks a new chapter in the intense dispute between the world's two largest economies. The US President, Donald Trump, announced a series of sweeping trade measures over the weekend, including a 10% duty on goods from China, effective Saturday. In swift retaliation, China introduced levies of 15% on imports of coal and liquefied natural gas just minutes after the US tariffs took effect. On Tuesday, Beijing unveiled a 10% tariff on imports of crude oil, agricultural machinery, big-engined vehicles, and pickup trucks. China's Ministry of Commerce characterized Washington's move as a "serious violation" of World Trade Organization (WTO) rules, citing failure to address underlying issues and disrupt normal economic cooperation between China and the US. In response, Beijing announced its intention to file a complaint with the WTO over the "malicious" levies. The Chinese government also launched an investigation into tech giant Google, added fashion group PVH Corp., which owns Tommy Hilfiger and Calvin Klein, and biotech giant Illumina to a list of "unreliable entities." Additionally, China introduced fresh export controls on rare metals and chemicals used in various industrial appliances. President Trump has claimed that his tariffs are intended to punish countries for failing to halt flows of illegal migrants and drugs into the US. However, he stated on Monday that he planned to call Chinese counterpart Xi Jinping within the next 24 hours. Border Measures In a separate development, Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau struck deals with Trump to tighten border measures against the flow of migrants and fentanyl into the US. This led to a 30-day pause on threatened tariffs. Trump said that after "very friendly" talks with Sheinbum, he would "immediately pause" the tariffs on Mexico, stating that his counterpart had agreed to send 10,000 troops to the US-Mexico frontier. Tensions appeared higher between the US and Canada, but following two calls with Trudeau, Trump stated on his Truth Social network that the premier had agreed to ensure a secure Northern Border and address the deadly scourge of drugs like fentanyl. Trudeau said Canada would deploy nearly 10,000 frontline officers to help secure the border, list drug cartels as terrorists, appoint a "Fentanyl Czar," and crack down on money laundering. The extent to which these changes will impact the Canadian border remains unclear, given that authorities reported in December they already had 8,500 personnel deployed. Canada, China, and Mexico are the US' three biggest trading partners.
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China Fires Back Imposing Tariffs on US Energy, Vehicles, and Equipment in Escalating Trade War
BEIJING — China has responded to the United States' latest trade measures by imposing tariffs on imports of American energy, vehicles, and equipment. The move marks a significant escalation in the ongoing trade war between the world's two largest economies.
On Saturday, US President Donald Trump announced sweeping measures aimed at major trade partners, including Canada and Mexico. The new tariffs imposed an additional 10 percent duty on goods from China, on top of existing duties.
In swift retaliation, Beijing introduced levies of 15 percent on imports of coal and liquefied natural gas from the US, just minutes after the US tariffs took effect. On Tuesday, China unveiled a 10 percent tariff on imports of crude oil, agricultural machinery, big-engined vehicles, and pickup trucks. The new measures were designed to counter the unilateral tariff hike by Washington over the weekend.
China's Ministry of Commerce characterized the US move as a serious violation of World Trade Organization (WTO) rules, stating that it did not address the underlying issues and disrupted normal economic cooperation between China and the United States. In response, Beijing announced its intention to file a complaint with the WTO over the malicious levies.
The Chinese government also launched an investigation into US tech giant Google, as well as adding US fashion group PVH Corp., which owns Tommy Hilfiger and Calvin Klein, and biotech giant Illumina to a list of unreliable entities. Furthermore, China introduced fresh export controls on rare metals and chemicals, including tungsten, tellurium, bismuth, and molybdenum, used in various industrial appliances.
President Trump has claimed that his tariffs are intended to punish countries for failing to halt flows of illegal migrants and drugs, including fentanyl, into the US. However, he stated on Monday that he planned to call his Chinese counterpart Xi Jinping within the next 24 hours.
Border Measures
Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau had earlier struck deals with Trump to tighten border measures against the flow of migrants and fentanyl into the US. This led to a 30-day pause on threatened tariffs. Trump said that after very friendly talks with Sheinbum, he would immediately pause the tariffs on Mexico, and that his counterpart had agreed to send 10,000 troops to the US-Mexico frontier.
Tensions appeared higher between the US and Canada, but following two calls with Trudeau, Trump stated on his Truth Social network that the premier had agreed to ensure a secure Northern Border and to finally address the deadly scourge of drugs like fentanyl. Trudeau said Canada would deploy nearly 10,000 frontline officers to help secure the border, list drug cartels as terrorists, appoint a Fentanyl Czar, and crack down on money laundering.
It is unclear what extent these changes will have on the Canadian border, given that authorities reported in December they already had 8,500 personnel deployed. Canada, China, and Mexico are the US' three biggest trading partners.