Close Menu
    Namibia LiveNamibia Live
    • Automotive

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

      May 18, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026

      2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

      January 30, 2026

      Ford issues US recall for Escape Focus Explorer and Lincoln MKC

      January 22, 2026
    • Business

      South Korea car exports set July high at $6.24 billion

      August 14, 2026

      Diesel prices climb amid tight US and European fuel supply

      August 12, 2026

      Denmark July CPI rises 1.3% as annual inflation slows

      August 11, 2026

      Gold extends three-day rally before US inflation reports

      August 11, 2026

      Extreme heat could cut EU economic growth in 2026

      August 11, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Moscow hosts historic 47th international festival

      April 19, 2025

      Legal action against ‘Ketamine Queen,’ doctors in Perry overdose

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      DR Congo Ebola outbreak passes 1,900 deaths

      August 11, 2026

      Obesity linked to 8.2% of Belgium deaths national study shows

      August 8, 2026

      New Ebola vaccine enters human trial as Congo cases rise

      August 5, 2026

      Michigan outbreak update confirms two cyclospora deaths

      August 4, 2026

      DR Congo faces its largest recorded Ebola outbreak

      August 3, 2026
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • Luxury

      Global luxury market contracts for first time since Great Recession

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Magnitude 5.4 quake hits Gilgit-Baltistan near Sost

      August 14, 2026

      Total eclipse tracks across Russia, Iceland and Spain

      August 13, 2026

      UN marks International Youth Day with youth investment call

      August 13, 2026

      Social media addiction suits advance against Meta, peers

      August 12, 2026

      Typhoon Dolphin moves inland after mass evacuations in China

      August 11, 2026
    • Sports

      FIA President meets with Hungarian PM and Czech President

      July 28, 2026

      Portugal fall to Spain as Ronaldo legacy closes

      July 7, 2026

      Brazil exits World Cup after Norway Round of 16 victory

      July 6, 2026

      Oyarzabal brace sends Spain past Austria at World Cup

      July 3, 2026

      Mexico advances after 2-0 win over Ecuador in World Cup

      July 2, 2026
    • Technology

      Japan launches Michibiki No. 7 satellite aboard H3 rocket

      August 12, 2026

      Tech giants join Nvidia to form Open Secure AI Alliance today

      July 28, 2026

      Panic over Chinese AI intensifies with new open release

      July 27, 2026

      UN urges fair rules for artificial intelligence worldwide

      July 18, 2026

      Australia AI office faces calls for artist representation

      July 16, 2026
    • Travel

      Etihad adds nonstop Abu Dhabi Gothenburg winter flights

      August 13, 2026

      South Korea posts $596.6 million tourism surplus

      August 10, 2026

      Spain launches border checks for travelers from Italy

      August 10, 2026

      Guggenheim Abu Dhabi to open 11th December 2026

      July 29, 2026

      Emirates launches cryptocurrency payment option for flight bookings

      July 29, 2026
    Namibia LiveNamibia Live
    Home » U.S.-China trade tensions escalate as Beijing announces fresh tariffs
    Business

    U.S.-China trade tensions escalate as Beijing announces fresh tariffs

    February 5, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect on February 10, include a 15% duty on certain types of coal and liquefied natural gas, as well as a 10% tariff on crude oil, agricultural machinery, large-displacement cars, and pickup trucks.

    China adds U.S. firms to blacklist in retaliation for Trump tariffs

    In addition to the tariffs, China’s Ministry of Commerce and customs authorities introduced new export controls on over two dozen metal products and related technologies. Among the restricted materials are tungsten, a key industrial and defense mineral, and tellurium, which is used in solar cell production. The Ministry of Commerce further announced that two American firms, biotech company Illumina and fashion retailer PVH Group, the parent company of Calvin Klein and Tommy Hilfiger, have been added to China’s unreliable entities list, citing violations of standard market trading principles.

    Simultaneously, China’s State Administration for Market Regulation initiated an antitrust investigation into Google for suspected violations. Although Google’s search engine is unavailable in China, the move signals Beijing’s broader response to Washington’s escalating trade actions. The measures were unveiled as the U.S. tariffs covering more than $450 billion in Chinese goods went into effect.

    Economic analysts suggest that Beijing’s countermeasures are calibrated to send a political message while minimizing economic damage. According to Julian Evans-Pritchard of Capital Economics, the newly imposed tariffs target approximately $20 billion worth of U.S. imports, representing around 12% of the total annual trade volume between the two countries. This is significantly lower than the scale of Washington’s tariffs on Chinese goods.

    Beijing has also taken steps on the diplomatic front, filing a formal complaint with the World Trade Organization (WTO). In a statement, China’s Ministry of Commerce accused the U.S. of undermining the multilateral trading system, destabilizing global supply chains, and violating the principles of economic cooperation. Chinese officials vowed to pursue additional countermeasures if necessary. The retaliatory measures come amid broader geopolitical tensions between Washington and Beijing, with trade imbalances, technology disputes, and concerns over fentanyl exports factoring into the strained relationship.

    Trump linked the tariffs to China’s alleged role in supplying precursor chemicals for fentanyl production, a claim Beijing has consistently denied. The White House had also recently announced tariffs on Mexican and Canadian imports, though those were paused following negotiations with their respective leaders. While Beijing’s response signals its willingness to push back against Washington, it has also left room for potential trade negotiations. Trump, who had earlier threatened tariffs of up to 60% on Chinese goods, suggested that he may speak with Chinese President Xi Jinping in the coming days. – By MENA Newswire News Desk.

    Related Posts

    South Korea car exports set July high at $6.24 billion

    August 14, 2026

    Diesel prices climb amid tight US and European fuel supply

    August 12, 2026

    Denmark July CPI rises 1.3% as annual inflation slows

    August 11, 2026

    Gold extends three-day rally before US inflation reports

    August 11, 2026

    Extreme heat could cut EU economic growth in 2026

    August 11, 2026

    Record heat pushes up food prices across South Korea

    August 10, 2026
    Latest News

    Magnitude 5.4 quake hits Gilgit-Baltistan near Sost

    August 14, 2026

    GILGIT-BALTISTAN / RankWire.AI / – A magnitude 5.4 earthquake struck northeastern Pakistan early Thursday, sending…

    South Korea car exports set July high at $6.24 billion

    August 14, 2026

    Total eclipse tracks across Russia, Iceland and Spain

    August 13, 2026

    Etihad adds nonstop Abu Dhabi Gothenburg winter flights

    August 13, 2026

    UN marks International Youth Day with youth investment call

    August 13, 2026

    Diesel prices climb amid tight US and European fuel supply

    August 12, 2026

    Social media addiction suits advance against Meta, peers

    August 12, 2026

    Japan launches Michibiki No. 7 satellite aboard H3 rocket

    August 12, 2026
    © 2026 Namibia Live | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.