• "Trump Ramps Up Trade War with China, Imposes New Tariffs and Retaliatory Measures"

  • Feb 13 2025
  • Durée: 3 min
  • Podcast

"Trump Ramps Up Trade War with China, Imposes New Tariffs and Retaliatory Measures"

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  • Résumé

  • In the last few days, several significant developments have emerged related to the U.S. Trade Representative (USTR) and U.S. trade policy, particularly under the administration of President Donald Trump.

    On February 1, 2025, President Trump issued an executive order introducing additional 10 percent duties on all imports from China, effective February 4, 2025. This move, authorized under the International Emergency Economic Powers Act (IEEPA), is part of the administration's broader trade strategy outlined in the "America First Trade Policy" memorandum issued on January 20, 2025. This memorandum directs federal agencies and the USTR to evaluate key aspects of U.S. trade policy, with a focus on addressing unfair and unbalanced trade, particularly with China[1][3].

    In response to these U.S. tariffs, China has implemented several retaliatory measures. China's Ministry of Finance announced counter tariffs of 10 percent and 15 percent on select U.S. goods, effective February 10, 2025. Additionally, China has expanded export controls on critical minerals, added two U.S. companies to its Unreliable Entity List, and launched an antitrust investigation into Google. China has also filed a case against the U.S. tariff measures under the World Trade Organization (WTO) dispute settlement mechanism[1].

    Apart from the China-U.S. trade tensions, the USTR has been involved in other significant trade policy decisions. On February 10, 2025, President Trump announced new tariffs on imported steel and aluminum articles and their derivatives, set to take effect on March 12, 2025. These tariffs, imposed under Section 232 of the Trade Expansion Act of 1962, will apply to all countries without exemptions or exclusions. This move eliminates previous country-specific exclusions and prohibits new product exclusion requests, aligning with the administration's stance on protecting U.S. national security through trade measures[5].

    The USTR's actions also reflect ongoing efforts to enforce trade agreements and address trade disputes. For instance, the USTR has initiated various compliance reviews and dispute settlement panels under the United States-Mexico-Canada Agreement (USMCA) to address labor rights and other trade-related issues[4].

    These recent developments highlight the aggressive and multifaceted approach the Trump administration is taking on trade policy, with the USTR playing a central role in implementing and enforcing these measures. As trade tensions continue to evolve, particularly between the U.S. and China, the USTR's actions will remain a key focus of international trade discussions.
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