China announced on Tuesday that it will impose tariffs from 10% to 15% to certain products from the United States from February 10 after the additional taxes of 10% imposed by the US president, Donald Trump, were entered into force Chinese. As specified in a statement the Customs Commission of the Chinese Executive, China will apply a 15% tariff to liquefied coal and natural gas products, as well as one of 10% to those of crude oil, agricultural machinery, large -displayed cars and trucks.
Beijing has also announced new controls to key mineral exports and has launched an antitrust investigation against the American technological giant Google for “alleged violation of China’s antimonopoolio law.” The measure has symbolic dyes because Google’s presence in the Asian country is minimal. It has been blocked since 2010 before government censorship and Chinese users use search engines and other local applications.
Likewise, Beijing has added two US companies, PVH Group and Illumina Inc, to the list of entities not reliable for “violating the principles of the market, interrupting normal transactions with Chinese companies, adopting discriminatory measures against them and seriously damaging their rights and legitimate interests ”.
Trump has delayed a month the tariffs that had imposed on imports from Canada and Mexico, but 10% rates to Chinese imports entered into force this afternoon during Beijing. The American leader said, before the extent enters into force, that it is “likely” that there are conversations between Washington and Beijing in the next few hours or days.
In his first presidency (2017-2021), Trump has already maintained a tense relationship with Beijing by imposing several batches of rates worth 370,000 million dollars annually, to which China responded with taxes to US exports.
Truce with Mexico and Canada
The announcement of conversations comes shortly after the truce of a month reached for tariffs to Mexico and Canada. This same Monday, the US president has confirmed that he has decided to delay the entry into force of 25% tariffs into the neighboring country after a telephone conversation with his Mexican counterpart, Claudia Sheinbaum, who promised to deploy 10,000 guard personnel National on the common border.
On the other hand, the US president has also had a first conversation with the Canadian Prime Minister Justin Trudeau, a few hours after the 25% tariffs of the majority of imports begin to enter into force and of the majority of imports and 10% to Canadian hydrocarbons . At the last minute of Monday both have also announced the suspension of Canada’s tariffs.
The president has also talked about the Panama Canal and said that he has reached “some” agreements after threatening to forcefully recover the alleged influence that, as China exerts on it, something denied by the Panamanian authorities and that seems to have its origin in the business administration of Hong Kong in two ports near the road.
Source: www.eldiario.es
