On-Site | How Does China Hit Back at U.S. Latest 104% Tariffs Threat?
"If the U.S. continues waging a tariff war and trade war, China will fight to the end," said Chinese Foreign Ministry after U.S. President Donald Trump threatened 104% tariffs.
Editor’s notes: Don't underestimate China's determination to safeguard its legitimate rights and interests when facing the U.S. global tariffs war. Beijing has said that China doesn’t think what the U.S. side has done reflects a willingness to have serious talks. As the Chinese embassy to the U.S. said in March, if war is what the U.S. wants, be it a tariff war, a trade war, or any other type of war, we’re ready to fight till the end.
1. China will lift additional tariffs to 84% on all imported U.S. products from April 10.
2. Chinese Commerce Ministry (MOFCOM) implements export curbs and dual probes
1. China adds six U.S. entities to its unreliable entity list (不可靠实体清单)
The 6 U.S. firms:
Shield AI, Inc.(护盾人工智能)
Sierra Nevada Corporation (内华达山脉公司)
Cyberlux Corporation (赛博勒克斯公司)
Edge Autonomy Operations LLC (边缘自治运营公司)
Group W (W公司)
Hudson Technologies Co (哈德森技术公司)
A spokesperson of the ministry stated that these firms, in disregard of strong opposition from China, have either participated in arms sales to Taiwan or have undertaken so-called military technology cooperation with Taiwan, seriously harming China's national sovereignty, security, and development interests. China will hold them accountable according to relevant laws and regulations.
China adds 12 U.S. entities to the export control list (出口管制管控名单)
Chinese Ministry of Commence on April 9 announced that it has added 12 U.S. entities to the export control list.
In order to safeguard national security and interests, and to fulfill international obligations such as non-proliferation, in accordance with the relevant provisions of the Export Control Law of China 《中华人民共和国出口管制法》and Regulations on Export Control of Dual-Use Items《中华人民共和国两用物项出口管制条例》, the MOFCOM issued an announcement to include 12 U.S. entities in the export control list and prohibit the export of dual-use items to them.
The 12 U.S. firms:
American Photonics (美国光子公司)
Novotech, Inc.(诺沃特公司)
Echodyne(埃科达因公司)
Marvin Engineering Company, Inc. (马文工程公司)
Exovera(埃克索维拉公司)
Teledyne Brown Engineering, Inc.(特励达·布朗工程公司)
BRINC Drones, Inc.(BRINC无人机公司)
SYNEXXUS, Inc. (赛尼克斯公司)
Firestorm Labs, Inc.(火风暴实验室公司)
Kratos Unmanned Aerial Systems, Inc. (奎托斯无人机系统公司)
Domo Tactical Communications (多莫战术通信公司)
Insitu, Inc. (英斯图公司)
These entities may engage in activities that endanger China's national security and interests, and any export operator shall not violate the above provisions, a spokesperson for the MOFCOM said.
Stay tuned for more updates on China's political, economic and cultural landscapes.
Disclaimer: This newsletter is for informational purposes only. All sources are publicly available and subject to change.
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China has the manufacturing base to fight back.
If other nations want to kiss Trump's ass, they will pay through the nose as well as risking venereal disease.