
Published 05/02/2025 15:01 | Edited 05/02/2025 15:12
China filed a complaint with the World Trade Organization (WTO) controversy mechanism against the US decision to impose an additional 10% rate on Chinese products, the China Ministry of Commerce said on Tuesday (4).
The measure seeks to protect the rights and legitimate interests of China, according to a portfolio of the portfolio. The imposition of additional US fees seriously violates WTO rules, being characterized as an act of unilateralism and commercial protectionism, said the ministry representative.
The United States has repeatedly placed unilateralism above multilateralism, incurring a strong condemnation of most members of the WTO. “China firmly opposes US actions and asks the US side to immediately rectify its mistakes,” said the spokesman.
In addition, China pointed out that the US attitude harms the multilateral trade system, affects economic and commercial cooperation between the two countries and compromises the stability of industrial chains and global supplies.
Beijing adopts contracted and expands restrictions
In response to the 10% increase in tariffs imposed by US President Donald Trump’s government, China announced its own 10-15% tariffs on certain US imports, as well as registering the complaint on the WTO and starts an anti-monopoly investigation. About Google.
On Tuesday, China stated that it would apply 15% rates on imports of coal and liquefied natural gas from the US, while imports of gross oil, agricultural machinery, large vehicles and pickup trucks will be taxed by 10%.
President Donald Trump has announced comprehensive measures against various business partners, including Canada and Mexico, as well as China. Chinese products have faced an additional 10%fare, besides existing ones, such as an attempt to punish countries because they supposedly do not hubes flows of illegal migrants and drugs to the US.
Google investigation and restrictions on US companies
In addition to tariffs, China announced an investigation into Google technology giant and added the PVH Corp fashion group. – Owner of Tommy Hilfiger and Calvin Klein brands – and the illumine biotechnology giant to a list of “unrivable entities”.
Beijing’s state -owned state administration has stated that Google is “on suspicion of violating the Popular Republic Antimonopoly Law of China” and has started an investigation into the company.
The Chinese Ministry of Commerce justified the measure as a way to protect national sovereignty, security and development interests of the country. According to Beijing, the US companies involved adopted discriminatory practices against Chinese companies, impairing bilateral trade relations.
Global Impacts
The announcement of Chinese measures brought immediate impacts on the global financial market. Asian actions rose with the news of possible negotiations to suspend tariffs, but the dissemination of Chinese retaliation generated uncertainties among investors.
In September, China had already started an investigation against PVH for allegedly boycotting cotton from the Xinjiang region, where Beijing is accused by the US of generalized human rights violations.
The commercial dispute between the world’s two largest economies follows intense, with impacts that go beyond tariffs and reach strategic sectors of technology and international trade.
Source: vermelho.org.br