{"id":8945,"date":"2024-05-21T08:05:35","date_gmt":"2024-05-21T08:05:35","guid":{"rendered":"https:\/\/sotnews.agency\/?p=8945"},"modified":"2024-05-21T08:05:35","modified_gmt":"2024-05-21T08:05:35","slug":"china-hits-back-at-us-and-eu-as-trade-rows-deepen","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=8945","title":{"rendered":"China hits back at US and EU as trade rows deepen"},"content":{"rendered":"
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China has launched an anti-dumping probe into imports of widely used plastic from the US, EU, Taiwan, and Japan.<\/p>\n

The announcement from the Ministry of Commerce that Imports of polyoxymethylene copolymer -which is used in electronics and cars \u2013 is a signal that China will hit back in its trade disputes with the US and Europe.<\/p>\n

The announcement comes as China\u2019s trade rows with the US and the EU have deepened in recent months.<\/p>\n

Less than a week ago, Washington sharply increased tariffs on Chinese goods, including electric vehicles (EVs), solar panels, and computer chips.<\/p>\n

The new US moves also expanded on sweeping border taxes that were imposed on Chinese goods under the Trump administration.<\/p>\n

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In response, China\u2019s commerce ministry said the new moves would \u201cseverely affect the atmosphere for bilateral cooperation\u201d, and criticized what it characterized as the politicization of economic issues.<\/p>\n

Ahead of the heavily-trailed White House announcement, a spokesperson for China\u2019s foreign ministry said it would \u201ctake all necessary measures to safeguard its legitimate rights and interests\u201d.<\/p>\n

Separately on Monday, China sanctioned three American defense firms over their sales of weapons to Taiwan, state media said.<\/p>\n

The announcement that General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security are barred from \u201cimport and export\u201d business in China came as the self-ruled island inaugurated a new president.<\/p>\n

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Senior executives of all three companies are banned from entering, working, or living in China, the commerce ministry said.<\/p>\n

Meanwhile, Europe has launched a series of probes into Chinese imports.<\/p>\n

On Friday, the EU said it would launch an investigation into Chinese tinplate steel.<\/p>\n

And last month, Brussels said it was probing two Chinese solar panel makers, that it says benefit from government subsidies.<\/p>\n

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The European Commission (EC), which oversees the EU\u2019s trade policies, has also given itself a 4 July deadline to decide whether to impose measures against imports of Chinese-made EVs.<\/p>\n

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China has launched an anti-dumping probe into imports of widely used plastic from the US, EU, Taiwan, and Japan. The announcement from the Ministry of Commerce that Imports of polyoxymethylene… <\/p>\n","protected":false},"author":1,"featured_media":8944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-8945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/8945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8945"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/8945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/8944"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}