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US-China trade war escalates with new tariffs

24 0
07.02.2025

China has strongly condemned the United States’ recent imposition of additional tariffs on Chinese goods, warning that the move could further destabilize global trade. Beijing has reiterated that there are no winners in trade wars and has called on Washington to return to dialogue to resolve the dispute through negotiations. The latest tariff escalation, announced by US President Donald Trump, marks another chapter in the long-standing economic tensions between the world’s two largest economies.

President Trump announced a new 10% tariff on all Chinese imports, which comes in addition to existing duties already levied on goods from China. His administration has justified the move by citing concerns over trade imbalances and the alleged role of Chinese entities in fentanyl-related drug trafficking into the United States. The White House has maintained that these tariffs are necessary to protect American industries and national security interests.

Trump’s decision to increase tariffs follows a familiar pattern of aggressive trade policies that he pursued during his first term. The United States has long accused China of unfair trade practices, intellectual property theft, and state subsidies that distort global markets. However, China has consistently denied these allegations and criticized the US for engaging in protectionist measures that disrupt global supply chains.

In response to Trump’s tariff increase, China has swiftly implemented countermeasures targeting key US exports. These include a 15% tariff on coal and liquefied natural gas (LNG), a 10% tariff on crude oil, and additional duties on agricultural machinery. These actions are aimed at hitting American industries that heavily rely on Chinese markets.

Furthermore, Beijing has launched an antitrust investigation into US tech giant........

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