A. M. China announced on wednesday, april 9, a significant increase in tariffs on products from the United States, raising them from 34% to 84%, in response to President Donald Trump’s recent decision to impose an additional tariff on Chinese goods, increasing them from 50% to 104%. The measure will take effect on april 10, according to the chinese ministry of Finance.
The Beijing government called the US move a “repeated mistake” and asserted that it has “a firm will” and “abundant resources” to confront what it considers an unjustified intensification of economic and trade restrictions by Washington.
In addition to the tariffs, China’s Ministry of Commerce expanded its export control list to include 12 US companies. These include companies from sectors such as drones (BRINC), aeronautics (Novotech), machinery (Marvin Engineering Company) and radar technology (Echodyne).
Beijing also added six new US firms to its untrustworthy entities list. These companies, including Cyberlux and Sierra Nevada, are linked to the development and supply of military equipment, which limits their ability to operate with Chinese entities.
Chinese authorities justified these measures to protect their national interests and curb the transfer of technology with potential “dual-use” applications, meaning both civilian and military.
China warned that it will “fight to the bitter end” if the United States continues its policy of tariff pressure and reiterated its willingness to respond decisively to any further escalation in the trade war between the two powers.
