What’s at stake amid US-China trade tensions after Trump’s sanctions

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United States President Donald Trump moves to impose 10 % additional taxes on China as part of his promise to his alleged unfair trade practices in the Asian country and his role in the country’s deadly fantasy crisis role The important results have been yielded.

Reacting to Washington’s decision, Beijing has strongly opposed the prices that it will also take its interests “similar response measures” to protect its interests.

With a lot of danger, it is necessary to take a look at the trade relations between these two economic giants that may be moving towards a trade war.

Trade in Focus

According to Washington, trade between China and the United States – the world’s two largest economies – is more than $ 530 billion in the first 11 months of 2024.

During the same period, the sales of Chinese goods to the United States are more than $ 400 billion, with the second largest after Mexico.

According to the Patterson Institute of International Economics (PIII), China is dominant from electronics and power machinery to textile and clothing.

But from January to November last year, a commercial imbalance, which was $ 270.4 billion, has long increased the temples in Washington.

But China’s economy relies heavily on exports for development despite government efforts to increase domestic consumption.

First Trump presidency

President Trump launched a trade war in 2016, pledging to enter the White House with China, which slapped important prices on hundreds of billions of Chinese goods.

China responded with revenge rates on US products – especially affected US farmers.

The US requirements were more accessible to China’s markets, widely reforms in the business playground.

After a long time, the two sides agreed that the “Phase One” trade agreement was known.

Under the deal, Beijing agreed to import $ 200 billion worth of US goods, including $ 32 billion farm products and seafood.

But Analysts say Beijing was much lower than that of Kovide 19 pandemic diseases and US recession.

“Finally, China bought only 58 percent of US exports to buy under the contract, which were not enough to reach its import level before the trade war,” said Pie Chad P. Brown. Chad P. Brown wrote.

“In different ways, China bought none of the $ 200 billion extra of Trump’s contract promise promises.”

Biden Era

Trump’s successor, Joe Biden, did not pursue an increase in his predecessor, but when it was talked about the increase in tariffs, he targeted.

Under Biden, Washington extended efforts to prevent the latest chips to China.

Their administration used prices so that they could be called China’s “industrial limit” to take the goal – it fears that the country’s industrial subsidies, cars and batteries for green energy in global markets with cheap goods. Floods can occur.

Last May, Biden ordered taxes on import of $ 18 billion from China.

Under the increase, the revenue on the power vehicles reached 100 to TO, while the tariff for semiconductors increased from 25 % to 50 %.

The steps also targeted strategic fields such as batteries, critical minerals and medical products.

The two sides have launched an investigation into the alleged unfair trade methods of others, which investigated dumping and investigating state subsidy.

What’s now?

Sunday’s announcement reflects President Trump’s prolonged tariff increase, and negotiations did not have the opening game.

The solid magnet has also tied up the fate of the Chinese -owned social media app, Techtok.

But Beijing’s strong report has not doubted that it will withdraw against the steps that it has long been considered unfair.

The Chinese Trade Ministry has promised “similar anti -measures to protect our own rights and interests”, without saying what they will take.

It has also said that he will take his case against the World Trade Organization (WTO) against Trump’s prices, though it is unlikely to change the short term.

The risk from the Beijing Foreign Ministry is high that duties “will inevitably affect and damage bilateral cooperation in the future” on drug control.

This puts a new shadow on anti -drug talks, which resumed from Biden in 2023 after meeting with Chinese President Xi Jinping in San Francisco.

An American China Working Group later said that it would accelerate the rules of three major fantasy precursors, though it is unclear how much success has been achieved.