China responds to us sanctions

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Beijing Gets Tough on Trump’s Protection Measures, Targeting Us Oil and Gas and Tech Giant Google.

The trade war between the world’s two leading powerers is climbing. In Responsible to the Additional Tariffs imposed by President Trump, China Annouded On Tuesday February 4 A Series of Retaliatory Measures Aimed Directly at American Economic Interests.

American Hydrocarbons in Beijing’s Crosshairs

China’s Minister of Commerce has unveiled a new taxation regime that will take effect on February 10. Imports of Coal and Liquefied Natural Gas (LNG) from the United States Will Now Be Subject to A 15% Tariff. American oil is not spared, with a 10% Tax that will also apply to other product categories.

China Takes Its Case To The WTO, Opening A New Front Against Google

In Addition to custom measures, beijing has also lodged a complaint with the world trade organization, Denouncing a serious violation of International Rules by Washington. In a Parallel Development, The Chinese Authorities have launched an anti-monopoly Investigation Against Google, Stepping Up the Pressure on Us Technology Companies.

A context of growing tensions

These announcements Come in a Particularly Tense Climate, After Donald Trump Unleashed An All-Out Offensive On Saturday, imposing Tariffs of 10% on Chinese Products and 25% On Canadian and Mexican Imports. A Meeting Between Xi Jinping and Donald Trump is Being Considered, While Washington has temporally suspended its Measures Against Canada and Mexico for a Month.



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