China responds to Trump with rates from 10 % to 15 % to American products such as gas and cars

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Beijing has also started an antitrust study against the American technological giant Google.

China has announced on Tuesday that it will impose rates of the 10 % to 15 % to certain products from US From 10 February, after the extra taxes of the US President, Donald Trump, for Chinese products, he entered into force.

As specified in a statement The customs committee of the Chinese executive power, the Asian country will apply a rate of 15 % to products from coal And natural gas Liquid, as well as one of 10 % for that of oil RAW, agricultural machines, large travel cars and trucks“.” In the case of imported goods originally from the United States, the corresponding rates will be applied on the basis of current tariff rates, “he added.

Trump’s rates, fentanyl account tax, “violation of the standards of the World Trade Organization (WTO)” and “Do not deal with the problems of the United States, but also undermine the economic and commercial cooperation between China and the United States,” says the statement, Released via the website of the Ministry of Finance of the Asian giant.

Research

Likewise, the State market control administration of China has announced in another note that has a research Formally about the American technological giant Google For alleged violation of the Chinese Antimonopoolio legislation, without offering more details. “We take the decision in accordance with the law, to protect national security and interests and to meet international obligations such as non -proliferation.”

In his first presidency (2017-2021), Trump already maintained a tense relationship with Beijing by placing different parties rates worth 370 billion dollars a year, to which China responded with taxes on American exports.

Canada and Mexico

The US president has delayed 25 % rates for importing its most important commercial partners, Canada and Mexico, after obtaining extreme obligations about border affairs with Canadian Prime Minister, Justin Trudeau, and the Mexican president, Claudia Sheinbaum.

At the moment Trump has not ruled on China’s decision, but yesterday has one Dialogue with Beijing “Probably” in the next 24 hours. “We have planned meetings and we will see what is happening. But that was only a first step. If we cannot reach China agreement, the rates will be very, very substantial,” he said.

Source: EITB

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