Gas, coal and oil in the sights. But we aim for negotiating
American president Donald Trump said in the oval studio that he was not “in a hurry” to speak with his Chinese counterpart Xi Jinping.
China triggers the retaliation against the increase in Donald Trump’s duties pending the imminent call between the leaders of the two countries that could, at least momentarily, calm down the waters. In a coordinated action, several government bodies have announced targeted shares towards American goods and companies at 13.02, one minute after the entry into force of the US rates of 10% on the import of all Made in China assets. The Ministry of Commerce has listed 15% rates on coal and natural gas liquefied with stars and stripes, as well as 10% additional oil on oil, agricultural equipment and some large US displacement vehicles, effective from Monday 10 February.
The boasted mandarin also includes a general narrow on the controls of Tungsten, Tellurio and other products in rare metals that could be used for high -tech goods such as lithium batteries, to highlight the vulnerability of global supply chains to sensitive materials coming from China. In addition, the American PVH companies – which controls the Calvin Klein and Tommy Hilfiger brands – and illuminate they ended up on the list of so -called “unreliable entities”. PVH has been under investigation since September 2024 for “unreasonable boycott” of cotton from Xinjiang, where Beijing is accused of human rights violations especially to the detriment of the Muslim minorities of Uigura ethnicity. Illumina, a biotechnological group, has offices in China and produces reagents for tests in Shanghai.
The Chinese antitrust then announced the start of an unspecified anti-monopoly investigation on Google whose products, such as the search engine, are blocked in the dragon. The Californian group still maintains offices in the country, despite the withdrawal from the market in 2010 due to disputes on the censorship of the Great Firewall: therefore, it is sheltered from important consequences. However, Google, together with PVH and illuminates, adds to the list of American companies that can put pressure on Washington for negotiations with Beijing.
Ansa agency Times reveals: Starmer will not support the EU on retaliation for the US duties – News – Ansa.it Prime Minister GB clarified it in Brussels. Fear reset irritates trump (ansa) “The imposition of rates by the United States on Chinese export is a serious violation of the rules of the World Trade Organization”, thundered the Ministry of Commerce, criticizing the US conduct “of a malicious nature, typical of unilateralism e of forms of protectionism “. The complaint to the WTO was the obligatory passage even if symbolic given that the US have hinder its ability to make decisions on the various commercial disputes from 2019, blocking the appointment of new judges in the college of appeal. Trump frozen the duties for a month at 25% on Canada and Mexico, while he decided to proceed against China, whose economy has been in the weakest condition for decades and more dependent on the USA for trade.
Beijing’s response was largely designed to show the willingness to risk a more serious commercial war, leaving spaces of dialogue. The Chinese import of fossil fuels, high consumption cars and American agricultural equipment is insignificant but the tycoon sees the USA as a global energy power. China has reserved the highest rates precisely to the GNL, of which America is the first world exporter, while it counts on gas and crude oil from Russia, Saudi Arabia and Iran.
Ansa agency Paris: ‘No concession to Trump, ready for a retaliation’ – News – Ansa.it Ministers Ferracci and Saint-Martin to the EU: ‘Keep a common line’ (ANSA) “The issues between the two countries should be addressed through dialogue and consultations, rather than unreasonable pressure or unilateral coercions”, was the mantra reiterated by the Chinese Foreign Ministry in recent weeks. Despite Beijing, he did not reply to the duties with conflicting tones, however, he did not offer Washington immediate concessions such as Canada and Mexico. Trump anticipated Monday that he could have talked to the XI Jinping counterpart in the “next two days”. The call “there will be today”, announced the councilor for the Tycoon Peter Navarro trade, but then an American official made it known to the Wall Street Journal that the interview should slip. Anyway tomorrow in China will be the first working day after the long holiday of the lunar New Year. And the themes on the agenda of the awaited interview between the two will be many, including the American move on the Panama channel which was not liked in Beijing at all.
