The unknown of commercial wars is that life continues as if nothing: people in advance, go to work, children at school and cars and bicycles continue to slide along the streets of Beijing. The effects are first sight imperceptible. But the competition is already a reality in China. A minute after noon in the People’s Republic (6.01 in the morning in Peninsular Spain) they entered into force Additional rates of 84% to all US importswhose value exceeds 143,000 million dollars (130,000 million euros).
The coup d’état is part of the response of the Chinese authorities to the tariff war launched by the President of the United States, Donald Trump, who announced a new increase in dimensions in China on Wednesday until An unusual 125% for all imports from the Asian countrywho added almost 440,000 million dollars (about 400,000 million euros) in 2024. In the meantime, he decreed a partial truce of 90 days in the commercial war that he frees with the rest of the planet. Beijing did not reply this last puncture, but it is expected to adopt new countermeasures, following the script of the last few weeks.
With the pending and stunned world, the two large economic powers of the planet, whose value chains are deeply intertwined, face each other in a colossal commercial battle of unpredictable effects on both nations and the rest of the planet. For now, nobody seems interested in pressing the brake button; They still do not give their high -level expected contacts that could Pause the dangerous escalation of Cross -Shooting. Tuesday, a few hours after the US tariff machinery started working, Trump had assured that “China is desperate to reach an agreement” and that he was waiting for his call. But there is no conversation between the Republican and his Chinese counterpart, Xi Jinping.
To date, the Chinese government He planted every assault on Washington, with an almost specular replica. On Wednesday, just a few hours after taxes of 104% of the North American country to all Chinese goods, Beijing increased its replica cannon, another 50% (from 34% to 84%), an identical percentage to what the Republican had decreed the Republican as a response, in turn, to the previous countermeasures of the Giant Asian.
“US practice of increasing rates for China is an error for another, which seriously violates the legitimate rights and interests of China and seriously damages the multilateral commercial commercial system”, the Chinese government justified remote control against different sectors yesterday.
Beijing has also imposed export restrictions to 12 US companies due to the possible double civil and military use of what they sell, they added six others to the list of “unreliable entities” and has raised a new question in front of the World Trade Organization. It was also beyond the spot when it issued a notice of “caution” for Chinese tourists who intend to travel in the United States “due to the deterioration of Chinese-American economic and commercial relationships”. A sign that the ties between the powers break at speed of dizziness.
In addition, China published a large white photographer on commercial relations on Wednesday between the two countries, with which it intends to give its factual version of the exchanges. “If the United States insist on intensifying its economic and commercial restrictions, China has the will of the company and abundant means to contrast with determination and fight until the end,” said a spokesperson for the Ministry of Commerce when questioned by the volume, collected the state press.
In the previous rounds, Beijing also decreed the export restrictions to the United States of critical minerals and rare lands, key elements in the technological career and one of the obsessions of Trump, who has shown interest in obtaining them in Ukraine and Greenland. These resources, whose production dominates China, are one of Beijing’s great Buzas in the exchange of shots.
