China Retaliates with Tariffs as Trade Tensions with the U.S. Escalate

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China has imposed new tariffs on U.S. goods valued at approximately $14 billion in response to recent levies initiated by President Donald Trump. According to local media reports, the tariffs went into effect on February 10, 2025, targeting around 80 American products with additional duties ranging from 10% to 15%. The move marks the escalation of a trade conflict that has persisted since 2018, and follows Trump's announcement of a 25% tariff on all imported steel and aluminum.

Despite the aggressive response, analysts suggest Beijing's limited action indicates a willingness to negotiate. Dong Shaopeng, a senior researcher at Renmin University’s Chaoyang Institute of Financial Studies, stated, "China wants to negotiate amicably with the U.S.," highlighting that the recent tariffs do not preclude dialogue. Increased tensions could lead to further restrictions on critical minerals exported to the U.S. and investigations into American tech giants operating in China, signaling a prolonged economic standoff.

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