China is aimed at US services and other areas as indicates “meaningless” tariff hiking on goods

Last week, China announced that a revenge against US President Donald Trump’s tariff, saying “Joke”, “ And Beijing “ignores” them.

Instead of continuing to focus on tariff goods, China has decided to refer to other measures, including steps aimed at the US Sector Sector.

Trump rose US From China up to 245% after several rounds of tit measures for Tat with Beijing in recent weeks. Before calling it “Meaningless numbers, game,‘China last week is imposed Additional duties on imports from the US to 125%.

While the Trump administration has greatly focused on pressing tariff plans, Beijing has rolled out a number of unproven restrictive measures, including expanding rare grounded minerals and opening antitrust pronds in US companies such as the Dupont pharmaceutical giant.

Until the last escalation, in February Beijing put dozens of US enterprises on the so -called “Unreliable Person” A list that would limit or prohibit firms to trade or invest in China. US firms such as PVH, Mother’s Tommy Hilfiger, and Illumina, equipment supplier for gene-consignment were among those added to the list.

Him Tightening Exports Critical mineral elements will require Chinese companies to provide special export licenses, effectively limiting access to the US to the key minerals required for semiconductors, missile defense systems and solar panels.

Last step on Tuesday Beijing went after Boeing – America the largest exporter . Bloomberg.

Deliveries to China turn off, add to the problems of the aircraft manufacturer that fights with cash Crisis of quality control.

In another sign of growing hostilities Chinese police have taken out notification Having detained three people they claimed to participate in cyberattack against China on behalf of the US National Security Agency.

Chinese state -owned media, which published a message, called on domestic users and companies to avoid using US technology and replace them with domestic alternatives.

“Beijing clearly signals with Washington that two can play in this revenge, and that he has many leverage that creates different levels of pain for US companies,” said Wandy Cutler, Vice -President of the Asia Politics Institute.

“With high tariffs and other restrictions on the site of the two economies, there is a full pair,” Katler said.

Earlier this month, a social media account related to China’s news agency Media Xinhua suggested that Beijing could impose is held back on US law firms And consider the probe in the operations of China’s US companies for the huge “monopoly benefits” they received from intellectual property rights.

Nomura estimates that imports in China have grown more than 10 times to $ 55 billion over the past two decades, which will estimate Nomura, which will lead to US trade surplus with China to $ 32 billion last year.

Last week, China said to reduce the import of American films and warn its citizens from journey or study In the United States, in Beijing’s intention to put pressure on American entertainment, tourism and education.

“These measures focus on the high visibility sectors, the media and the educational education in the US politically,” said Jing Tian, ​​head of the Chinese analysis center.

Although they can be low from the actual exposure in dollars, given the lower scale of these sectors, “reputational consequences – for example, less Chinese students or more cautious Chinese staff – can pulsate through the academic sciences and ecosystem of technological talents,” he added.

Nomura estimates can be delivered $ 24 billion

According to Nomura, US services in China prevail in the US, reflecting millions of Chinese tourists. As part of travel costs associated with education make up 71% 270 000 Chinese students study in the US

Exports of entertainment covered by films, music and television programs, made up only 6% of the US exports to the sector, the investment firm said, noting that the last step in Beijing to imports the movie “Brings more symbolic Heft”.

“We could see a deeper interchange not only in the supply chains, but also in connection with people, the exchange of knowledge and the normative frame.