China faces up to a 245% tariff on imports to the US, says White House

New Delhi,: China is now facing tariffs of up to 245% on imports to the US in response to its retaliatory tariffs, according to a White House Fact sheet. This action follows China’s directive to its airlines to cease taking further deliveries of Boeing jets, i retaliation to the US imposing 145% tariffs on Chinese goods. “China now faces up to a 245% tariff on imports to the United States as a result of its retaliatory actions,” the White House said, emphasizing the move as part of Trump’s ongoing “America First Trade Policy.” The administration has stated that China is intentionally limiting access to crucial high-tech materials such as gallium, germanium, and antimony – essential elements for the military, aerospace, and semiconductor sectors.  Besides, China has recently halted exports of six heavy rare earth metals and rare earth magnets, further constricting the availability of components vital to global supply chains. According to the statement, a few months back, China implemented a ban on the export of gallium, germanium, antimony, along with other crucial hightech materials that could be utilized for military purposes to the United States. The White House noted that this measure was designed to restrict the supply of essential components to automakers, aerospace manufacturers, semiconductor companies, and military contractors worldwide. Additionally, Beijing has instructed Chinese carriers to stop purchasing aircraft-related
equipment and parts from US companies. In response to an inquiry about the White House’s statement claiming China now faces up to a 245% tariff on imports, Chinese Foreign Ministry spokesperson Lin Jian said: “You can ask the US side for the specific tax rate figures.” Lin said that China has repeatedly stated its solemn position on the tariff issue. “The tariff war was initiated by the US. China has taken necessary countermeasures to safeguard its legitimate rights and interests and international fairness and justice, which is completely reasonable and legal. Tariffs and trade wars have no winners. China does not want to fight these wars but is not scared of them.

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