Five ways China returns against American definitions

The trade war escalated between the largest economists in the world after China has returned to the definitions of the United States with its own measures.

Beijing began targeting specific American goods with retaliatory taxes, among other measures, in the wake of a 10 % tariff that President Donald Trump presented to all Chinese imports of the United States.

In some respects, this last dream is not a new matter and depends on the long -term trade conflict between countries, with the customs tariffs already imposed on different goods since 2018.

Trump said he was planning to speak to Chinese President Xi Jinping, so a deal can be concluded. But if China continues to respond on February 10 as it is planned, what could be the effect?

Part of China's anti -Trams tariff measures is to announce its import taxes on American coal and LNG (LNG) by 10 %, and 15 % fees for crude oil.

Responding from Beijing means that companies that want to import fossil fuels from the United States must pay the tax in order to do so.

China is the largest importer in the world of coal, but it gets most of it from Indonesia, although Russia, Australia and Mongolia are also among its suppliers.

When it comes to the United States, China increases liquefied natural gas imports from the country, with almost double sizes 2018, according to Chinese customs data.

But the total fossil fuel trade is modest, as American imports represent only 1.7 % of the total crude oil in China that was purchased from abroad in 2023. This indicates that China does not depend on the United States, and therefore the impact of definitions on its economy.

China could easily export more supplies from Russia, as it has already buys oil at a cheap price as the Kremlin seeks to finance its war effort.

On the other hand, the United States is the largest source of liquefied natural gas in the world, as well as many other customers, especially the United Kingdom and the European Union.

In addition to fuel, China slapped a 10 % tariff on agricultural machines, pickup trucks and some large cars.

But China is not a large importer of US capacities, and it gets most of its cars from Europe and Japan, and therefore the 10 % customs tariffs on a small number of imports will not hit consumers strongly.

In recent years, China has increased investments in agricultural machines to enhance production, reduce dependence on imports, and enhance food security.

Therefore, introducing definitions on agricultural machines may be another step to try to enhance the local industry.

Julian Evans Brotshard, head of China's economy in economics consulting in Capital, said that all measures of customs tariffs are “somewhat modest, at least for American moves,” said Julian Evans Brotshard, head of China's economy in economics consulting in Capital.

It is suggested that the targeted goods in China represent about 20 billion dollars (16 billion pounds) of annual imports – about 12 % of China's total imports from the United States.

“This is far from more than $ 450 billion of Chinese goods targeted by the United States.”

But he said that “China was clearly calibrated to try to send a message to the United States (and the local audience) without much damage.”

The Chinese authorities also announced some non -transmitted measures, one of which is the achievement of the fight against the giant Google for the Giant of American Technology.

It is not clear what the investigation will be, but for the context, Google's search services have been banned in China since 2010.

The company still has some commercial presence in the country by providing applications and games for Chinese markets by working with local developers.

But China only generates about 1 % of Google's global sales, indicating whether it is completely reduced with the country, it will not be worse.

China, the American company that owns the brands designed Calvin Klein and Tommy Hilfiger, added to the so -called “unreliable entity” list and accused them of “discriminatory measures against Chinese institutions.”

The list, which includes other American companies, was created in 2020 by Beijing amid heating of commercial tensions.

For Calvin Klein and Tommy Hilviger, the presence of the China list will make it difficult to do business in the country. They may face penalties, including fines, and to cancel work visas for their foreign employees.

Organizers will also go to corporate factories to investigate operations, according to Andreas Shitter, international business professor at Western University in Ontario, Canada.

The United States has its “entity list”, which prevents some organizations from buying products from American companies without approval from Washington.

“China is back to the same way as President Trump accuses Chinese companies. This is all part of the abolition of the United States and the United States.”

While customs tariffs were placed on companies that want to import goods from abroad, China also imposed export controls on 25 rare minerals.

Some minerals are the main components of many electrical products and military equipment.

China mastered the ability to improve such minerals, and produced nearly 90 % of refined global production.

The restricted menu includes tungsten, which is difficult to obtain and decisive materials for the space industry.

While there are restrictions on exports, Mr. Evans-Pretshard of the Capital Economics said, it is noticeable that the critical Chinese imports from the United States, which are used to make high-end chips and semiconductor machines, said any measures.

The experience of previous rounds of restrictions indicates that exports will decrease sharply with companies' stampede to obtain licenses, a process that takes several weeks.

When it comes to the effect of restrictions, the United States appears to have a plan. Trump said on Monday that he wanted Ukraine to guarantee more rare ground minerals for $ 300 billion in support in its battle against Russia.