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China reported that Donald Trump Trump was revenge against the US president, saying it would be more US “Joke”, And Beijing “ignored”.
Instead of continuing attention to fare goods, however, China has chosen to go to other measures, including the steps-oriented by the American services sector.
Trump has risen US goods in selected goods Up to 245% from China, after measures with Beijing, in several rounds made with Beijing. Call before “Number numbers,“China imposed last week Additional duties on US imports up to 125%.
Along with the Trump Administration with the Rate Plans, Beijing does not have a reduced measures without tariffs.
Before the last scaling, in February, Beijing put in a so-called dozens of businesses in the US “Reliable organization” The list, negotiating or limited or banning investment in China. American companies like PVH, Tommy Hilfiger, and Illumina, among the gene sequencing equipment suppliers, were among those added to the list.
Shock Stretching exports Critical elements of minerals must ensure special licenses for exporting these resources to the minerals for semiconductors, missile systems and solar cells needed to minerals.
On his last movement on Tuesday, Beijing Boeing – went after America The largest exporter – China airline requested more other shipping shipping and carriers asked for a purchase of equipment and parts related to US companies. Bloomberg.
Having a delivery cut in China will add money-covered plane manufacturers because it struggles with sustainability Quality control crisis.
In a sign of growing enemies, Chinese police issued Remarks In the name of the US National Security Agency, he claimed to capture three people who were involved in Cyberattacks against China.
The note was published by the Chinese state media, domestic users and companies to prevent using American technology and replaced with home alternatives.
“Beijing clearly indicates that Washington has many different levers, everyone can create different levels of pain, US companies,” Wendy Cutler said Vice-President of the Asia Society Policy Institute.
“Along with fare and other restrictions, the disconnection of the two economies is in full vapor,” Cutler said.
Trade in services
Some China see the trade war trade services to spread trade services. It covers travel, legal, advice and financial services. The US had a significant surplus with China for years.
At the beginning of the month, the China State Media Xinhua news agency affiliated social networks account, Beijing could impose Ribbons on US legal advice companies and consider that in Chinese operations in China operations, “benefit monopoly benefits” from intellectual property rights.
Imports of USA in China rose more than $ 1024 million in 2024 in 2024, according to Nomura estimates, US services complained with China with China to $ 32 million.
Last week, China said that the US film will reduce imports and against the citizens Walking or learning In the US, Beijing’s intention to pressure in the US entertainment, tourism and education sectors.
“These measures are played into a highly visibility sectors – with politically resonated planes.” He said Jing Qian, Director General of the China Analysis Center.
While they can have a real dollar effect, although the scale of these sectors can be lower, “major influences – such as Chinese students or more wealthy Chinese staff could be made, academy and technological talent ecosystem.
Nomura estimates $ 24 Billion dollars if Beijing highlights the restrictions on travel to the US
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Travel services were dominated by USA services, reflecting the expenditure of millions of Chinese tourists in the US, according to Nomura. As part of the trip, educational related expenses are 71%, mostly those coming from teaching and living expenses 270,000 Chinese students Learning in the US
It includes entertainment exports, films, music and television programs, investment company said the investment company said, with the latest movements of the cinema imports of cinema “.
“We could see more disconnect, not only in supply chains, but also for people in exchange for knowledge and regulatory frameworks. It can sign from transactional tension,” Qian said.
Could Beijing be more aggressive?
Analysts to a large extent, Beijing has not continued to expand the arsenal of non-tariff policy tools before the potential negotiation with Trump Administration.
“From the point of view of the Chinese government is influencing US pain in China to cause pain in the US.” He said Gabriel Wildau, General Manager of the Teneo Risk Advisory Firm.
Apple, Tesla, Pharmacy and Medical Device Companies are among businesses that may be Peijing’s presses, with non-tariff measures, regulatory persecution and export controls, Wildau added.
Shopkeepers and staff are seen within the Apple Store, a stylish modern design and the Apple logo, Chongqing, China, September 10, 2024.
Cheng Xin | Getty Images
While a deal will allow both sides to relax some measures of revenge, the discussions are rapidly disappearing with empty terms between two leaders.
Chinese officials repeatedly rejected Trump “as harassment” established as “Bakar Rates” and “to fight”. However, Beijing has left the door open for negotiations, but they must be the “same base”.
This week, the White House press secretary Karoline Levitt said that Trump is open to China to make a deal, but Beijing must make the first movement. “The ball is in the Chinese court: China must make a deal with us but we don’t have to deal with them,” he said.
In response to this notice, Beijing’s Ministry of Commerce, Washington is open to negotiate economic and trade issues with Washington, but the US must stop “threats and blacks, according to a CNBC translation.
“Finally, when a country lives enough harm to himself, he can think of polishing his attitude and return to the negotiation table,” said Jianwei Xu, Economist in Natixia.
