Dilara Erm Vansar Anatolia Gety pictures
China announced last week that it was avenge US President Donald Trump’s tariff, saying that any other increases by the United States would be a “joke,” And Beijing “ignored them.”
Instead of continuing to focus on the introductory goods, China has chosen to resort to other measures, including steps targeting the American services sector.
Trump raised US deposits on specific goods From China by up to 245 % after several rounds of dream measures with Beijing in recent weeks. Before called it a “Numbers game is meaningless,“China was imposed last week Additional duties on imports from the United States up to 125 %.
While the Trump administration focused largely on moving forward in its introductory plans, Beijing has launched a series of restricted measures other than fire, including expanding export controls for rare minerals on the ground and opening anti -monopoly investigations in American companies, such as the giant Dupont company and its main presence.
Before the last escalation, in February, Beijing placed dozens of American companies on the so -called “Unreliable entity” A list, which would restrict or prevent companies from trading with or investing in China. American companies such as PVH, the parent company of Tommy Hilviger, and Illumina, the genetic sequence equipment provider, were among those that were added to the list.
that it Expressing exports Critical metal elements of Chinese companies will require special licenses to export these resources, and to restrict us effectively access to the main metals needed for semiconductors, missile defense systems and solar cells.
In her last step on Tuesday, Beijing went after Boeing – America The largest source -Through the order of Chinese airlines, not to take any other delivery operations for their two gossip and request transport companies to stop any purchases of equipment and spare parts from American companies, according to American companies. Bloomberg.
The presence of deliveries to China will add the problems of aircraft maker that suffers from financial hardship, because it is struggling with the rest Quality control crisis.
In another sign of the increasing hostilities, the Chinese police released Notifications To arrest three people who have invited they participated in electronic attacks against China on behalf of the US National Security Agency.
Chinese government media, which published the notification, urged local users and companies to avoid using American technology and replace it with local alternatives.
“Beijing clearly refers to Washington that two can play in this revenge game and that it has many wheels that can be withdrawn, all of which create different levels of pain for American companies.”
“With high definitions and other restrictions imposed, the separation of economists is a complete steam,” Katler said.
Supporting trade in services
Some see China as seeking to expand the trade war to include the service trade – which cover travel, legal, consulting and financial services – as the United States has been working a major surplus with China for years.

Earlier this month, the social media account of Chinese government news Agency, Shinhua, suggested that Beijing be imposed Restrictions on American legal consulting companies He considered China’s operations for American companies for the huge “monopolistic advantages” they gained from intellectual property rights.
Chinese US services imports have increased by more than 10 times to $ 55 billion in 2024 over the past two decades, according to Nomura estimates, which prompted the surplus of US services services with China to $ 32 billion last year.
Last week, China said it would reduce American film imports and warned its citizens against travel or study In the United States, in the sign of Beijing’s intention is to pressure the American entertainment, tourism and education sectors.
“These measures are targeting high-vision sectors-aviation, media and education-which resonately resonate in the United States,” said Jing Qian, the director of the China Analysis Center.
Although it may be low on the effect of the actual dollar given the smaller scope of these sectors, “reputable effects – such as fewer Chinese students or cautious Chinese employees – can be crowned through the academic circles and the ecosystem of technical talents.”
Nomura estimates that $ 24 billion can be at stake if Beijing is largely more than the restrictions imposed on travel to the United States
Traveling on US service exports to China, which reflects expenditures by millions of Chinese tourists in the United States, according to Lomura. Inside travel, education -related spend 270,000 Chinese students Study in the United States
The investment company, which includes films, music programs and television, said only 6 % of American exports within this sector, noting that Beijing’s recent move in film imports “carries a more symbolic weight than the economic paste.”
“We can see a deeper chapter-not only in supply chains, but in relations between people and the exchange of knowledge and organizational frameworks,” Qian said.
Can Beijing become more aggressive?
Analysts are largely expecting that Beijing will continue to spread the non -carrier policy arsenal in an attempt to raise its influence before any possible negotiations with the Trump administration.
“From the viewpoint of the Chinese government, the operations of American companies in China are the largest goal to catch up with pain in the United States,” said Gabriel Weldo, TENEO’s managing director.
Wildaw added that Apple and Tesla and pharmaceutical and medical bodies companies are among the companies that can be targeted as Beijing’s pressure forward with non -trivial measures, including sanctions, organizational harassment and export controls.
Shoppers and employees were seen inside the Apple store, with its elegant interior design and a prominent Apple logo, in Chongqing, China, on September 10, 2024.
Cheng Sheen Gety pictures
Although the deal may allow the two sides to relax on some reprisals, the hopes of conversations in the near term between the two leaders fade quickly.
Chinese officials have repeatedly condemned the “single -sided definitions” that Trump imposes as “bullying” and pledged to “fight to the end.” However, Beijing has left the door open to negotiations, but they should be equal. “
On Tuesday, White House press secretary Caroline Levitte said that Trump is open to a deal with China, but Beijing needs to take the first step.
“In the end, only when the country where he is sufficient harm is exposed to self, he may consider alleviating his position and really returning to the negotiating table,” said Gianoy Shaw, an economist at Natsisis.
https://image.cnbcfm.com/api/v1/image/108130007-1744293710285-gettyimages-2208850679-AA_10042025_2168828.jpeg?v=1744737994&w=1920&h=1080
Source link