By Admin 
China-US Trade Tensions: Tension has once again increased between the world’s two economic superpowers, America and China, regarding tariffs. America is now trying its best to put pressure on China and can also take tough decisions regarding this. After Beijing’s threat of tariffs up to 155 percent, Washington is now planning the next step against China.
According to Reuters report, the Trump administration is preparing to respond to China’s recent steps, which include a ban on the export of rare earth metals. After this, America is considering taking steps like cutting down on software products exported to China.
China-US face to face
Citing US officials, Reuters reported that many items, from laptops to jet engines, could be banned. The purpose of this step is to implement President Trump’s statement given on social media on October 10, in which he had said that up to 100 percent tariff can be imposed on goods imported from China.
Apart from this, controlling the export of any important software till November 1 is also being considered. However, officials also said that it is not yet clear how the proposals will be implemented. This plan only indicates that tensions have increased in trade relations between China and America.
What will be Trump’s next step?
The plan is that the US will ban software and technologies that use US technology or software, as implemented by the Biden administration after Russia’s attack on Ukraine in 2022. Experts say that if America fully implements these sanctions, then trade relations with China may completely deteriorate, and it may also have an economic impact on America.
The Chinese Embassy spokesperson did not comment directly against the US proposed steps. However, he warned that if Washington takes any action, Beijing will oppose such unilateral action and defend its legitimate rights and national interests.
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