How Is China Retaliating Against Trump's Tariffs? -- WSJ

Dow Jones
04-15

By WSJ Staff

China is targeting Boeing as part of a wide-ranging response to hefty tariffs imposed by the Trump administration. Here's a rundown of what Beijing is doing:

-- 125% tariffs on U.S. goods. That's where China ended up after tit-for-tat levies between it and the U.S.

-- Controls on U.S. companies. Dozens of businesses have been added to China's export-control and "unreliable entity" lists. Targets include Illumina, the maker of gene-sequencing equipment, and PVH, the parent company for Calvin Klein.

-- Corporate probes. China said in February it had opened an antitrust investigation into Google.

-- Slowing Boeing. Beijing has told Chinese airlines not to place new orders for Boeing jets and carriers must seek approval before taking delivery of aircraft they have already ordered.

-- Rare-earth export curbs. These are metals needed for advanced defense equipment like missile-defense systems, attack submarines and F-35 jets.

-- Less access for Hollywood. China plans to reduce imports of American movies.

-- Potentially targeting trade in services. China has issued warnings for citizens considering traveling or studying in the U.S. Some Chinese students have had visas revoked by the U.S.

-- WTO lawsuit. China is challenging U.S. tariffs at the World Trade Organization.

-- Harsh words. Chinese authorities say they will keep fighting. But they won't bother to directly match future tariff increases, saying any such moves by the U.S. "would be economically meaningless and would become a joke."

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 15, 2025 10:37 ET (14:37 GMT)

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