China responds to Trump's tariff move with its own trade probes
AP News • • nation
Key Points:
- China has launched two investigations into U.S. trade practices in response to recent U.S. probes targeting multiple countries, including China, signaling resistance to President Trump's tariffs ahead of his May visit.
- One investigation focuses on U.S. policies restricting Chinese goods and limiting advanced technology exports to China, while the other targets barriers to Chinese green energy exports.
- The probes, expected to last six months with a possible three-month extension, may serve as leverage against potential new U.S. tariffs amid the ongoing trade war.
- The U.S. Supreme Court struck down some of Trump's earlier tariffs, prompting Section 301 investigations into alleged industrial overcapacity and unfair subsidies in China and other countries, which could lead to higher tariffs.
- China’s trade representative has warned that U.S. investigations risk destabilizing economic relations, emphasizing the importance of maintaining trade stability between the two nations.
