He China Government It will begin to impose 10% to 15% tariffs For products from USAin response to established by Donald Trump for elaborations of the Asian country, which are around 10%. As indicated, Xi Jinping decreed that this increase From next Monday, February 10.
At the same time, China announced New mineral exports controls key, and launched a antitrust research against the American technological giant Google. This starts from an alleged violation of the Antitrust law by the company.
Thus the beginning of a Commercial War open to Two world economies as protagonists. Although the situation can lead to a world recession within a not so long term.
China’s statement
The Executive Customs Commission Chino launched a statement detailing the measure and specifies that a 15% tariff to liquefied coal and gas products.
Then details that the taxes to the raw petróleos, the agricultural machinerythe cars of great displacement and the Trucksthey will increase a 10%.
Xi-jinping.jpg
Chinese president Xi Jinping decided to respond to Trump’s tariffs.
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In that sense, the published states: “In the case of imported goods that are originally from the United Statesthe corresponding tariffs will be applied on the basis of the current tariff fees. “
The Chinese government said Trump’s tariffs, fentanyl account taxes, “seriously violate the norms of the World Trade Organization (WTO) and do not address your country’s problems, but also Upon Economic Cooperation and commercial between China and the United States. “
Export control
Also, from the Commerce portfolio they also announced export controls With respect to some articles related to the tungsten, the telurio, the bismuth, the molybdenum and the Indian.
They pointed out in a statement that they make the decision “According to the law “, in order to “Safeguard national security and interests” and to “comply with international obligations such as non -proliferation.”
In addition, he added two US companies, PVH Group and Illumina Incto the list of Non -reliable entities. Subsequently, he said that this decision was because these companies “They violated market principles”.
“By Interrupt normal transactions With Chinese companies, adopt discriminatory measures against Chinese companies and seriously damage legitimate rights and interests From Chinese companies, “they detailed.
The Chinese Government’s decision takes place after Trump delayed a month the tariffs that had imposed on imports of Canada and Mexicobut 10% rates at Chinese imports did come into force.
Source: Ambito

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