It announced on Friday that it will be in all imports from April 10.
On Wednesday, the US president presented 34% additional tariffs on all Chinese products imported into the US, in a move that is ready to cause significant adjustment of relationships and scale the trade war between the world’s two largest economies.
“This US practice is not in line with international commercial rules, it seriously undermines China’s legal rights and interests and is a formal unilateral intimidation practice.”the Chinese State Council’s duties Committee said in a statement announcing the reciprocal duties.
The announcement followed the condemnation of the Chinese Ministry of Commerce on Thursday of the new US US Drawing regime, saying it threatens the difficult -gaining balance achieved by multi -year multilateral trade negotiations.
“This is a formal act of unilateral bullying,” the ministry said, calling on Washington to “immediately” abolish the duties and resolve any disputes through “fair and equal dialogue” with its commercial partners.
Checks in the exports of rare land
China has set some rare earth metals under export restrictions as part of its response to President Donald Trump’s duties package, possibly cutting the US from critical minerals necessary for a range of products, from smart phone phones to batteries.
China produces about 90% of processed rare land in the world, a group of 17 minerals used in various areas, from defense and electric vehicles, to ‘clean’ energy forms and electronics industry. The US is importing most of their rare earths, mainly from China.
Seven categories of rare land are added today to a list of export controls, according to a statement from the Chinese Ministry of Commerce.
Movement, which affects exports in all countries, not just the US, is yet another development that shows China’s ability to use its dominance in the extraction and processing of critical minerals as a weapon.
Beijing announced the audits today as part of a broader package of duties and restrictions to businesses in response to President Donald Trump’s decision to increase duties at the expense of most Chinese products to 54%.
About three -quarters of the rare earths supplied by the US came from China between 2019 and 2022, according to the US Geological Survey.
