- China imposed a tariff on some American goods in response to Trump’s commercial plan.
- Trump’s tariff in China follows a decline in planned definitions in Canada and Mexico.
- Experts warn of a customs tariff for China that may raise the prices of electronics and other commodities.
China has returned to President Donald Trump’s commercial plan on Tuesday morning With two levels of definitions On American goods.
The Chinese Ministry of Finance said it would impose a 15 % tariff on coal and liquefied natural gas and a 10 % tariff on crude oil, agricultural machines, and some vehicles.
This announcement comes days after Trump’s 10 % tariff on all Chinese imported products, based on his promise to hold a strong tariff policy.
In a statement announcing the definitions, the Ministry of Finance said that the US definitions violate the rules of the World Trade Organization.
“It is not only not useful in solving its own problems, but it also disrupts the natural economic and trade cooperation between China and the United States,” the statement said. Definitions will enter into force on February 10.
Trump also made 25 % definitions on Canada and Mexico – but later the measures until March after reaching agreements to enhance border protection with Mexico President Claudia Shinbam and Prime Minister in Canada Justin Trudeau.
Trump’s comprehensive definitions follow his comments that China “sends fentanel to Mexico and Canada” and exacerbates the Ventanil crisis in the United States. A 60 % tariff in China suggested the 2024 campaign path.
Trump’s approach to trade with China is repeating his first term in his position. Throughout 2018 and 2019, the President A tariff set On hundreds of billions of dollars of Chinese products – including technical and plastic equipment. In 2019, China has previously responded by placing 10 % of the customs tariff on $ 75 billion of US imports.
However, both legislators and billionaires urged the president to rethink the customs tariff plan, saying it would cost small companies and US consumers.
China is a major product for American electronics, and mobile phones, laptops and other devices are likely to become more expensive.
The White House did not immediately respond to a request for suspension from Business Insider.
This is a developing story. Please check again for updates.
