Close Menu

    Subscribe to Updates

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

    What's Hot

    FEAR IS BIGGER THAN EVER… AND ZERO LATENCY VR HAS THE SCIENCE TO PROVE IT

    October 1, 2026

    Workday Launches in the UAE to Help Organisations Transform HR, Finance, and IT in the AI Era

    October 1, 2026

    Modaxo Launches Novvan and Routeward

    October 1, 2026
    Facebook X (Twitter) Instagram
    Arab ArgusArab Argus
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Arab ArgusArab Argus
    Home » U.S.-China trade tensions escalate as Beijing announces fresh tariffs
    Business

    U.S.-China trade tensions escalate as Beijing announces fresh tariffs

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

    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.

    U.S.-China trade tensions escalate as Beijing announces fresh tariffs

    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.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    China expands AI use across traditional Chinese medicine

    October 1, 2026

    President Trump Announces Essar-backed Mesabi Metallics’ $18 Billion Investment to Create a Fully Integrated American Steel Company

    October 1, 2026

    India-US trade talks take center stage at G20 meeting

    September 30, 2026

    UAE and Zambia deepen economic ties in Abu Dhabi talks

    September 30, 2026

    Abu Dhabi named world leading improver JLL real estate index

    September 29, 2026

    Artmarket.com: H1 2026 Financial Report–One-of-a-Kind AI Systems Intuitive Artmarket® and Blind Spot Will Drive the Next Phase of Growth for “AI-First” Artprice in 2026-2030

    September 28, 2026
    Latest News

    EU proposes secure EUCCS network linking first responders

    October 1, 2026

    India expands naval reach and maritime security role

    October 1, 2026

    China expands AI use across traditional Chinese medicine

    October 1, 2026

    Suleiman Khan alleges tyranny before PTI Islamabad march

    September 30, 2026

    India-US trade talks take center stage at G20 meeting

    September 30, 2026

    DR Congo Ebola count reaches 8,067 cases across 7 provinces

    September 30, 2026

    UAE and Zambia deepen economic ties in Abu Dhabi talks

    September 30, 2026

    flydubai showcases growing Syria network at Damascus show

    September 29, 2026
    © 2026 Arab Argus | All Rights Reserved
    • Home
    • Contact Us

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