China manages the US services and other areas after motoning “senseless” tariff increases for goods

Last week, China announced that it ended with revenge against the tariffs of US President Donald Trump, saying that all further increases by the US will be “joke,” And Beijing would “ignore” them.

Instead of focusing on tariff goods, China decided to resort to other funds, including steps focused on the American services sector.

Trump got up The US is paid for selected goods From China, up to 245% after a few rounds of Tit-For-Tat in Beijing in recent weeks. In front of the name “Game of senseless numbers,“China is imposed last week Additional obligations regarding imports from the USA up to 125%.

While Trump's administration largely focused on emphasis on his tariff plans, Beijing introduced a series of restrictive resources, including expanding the control of exports of rare minerals from Earth and opening antitimetic probes to American companies, such as gigantic pharmaceutical Dupont and It Guardoge.

Before the last escalation in February, Beijing placed dozens of American companies on the so -called “Unreliable being” A list that would limit or prohibits trade or investment companies in China. Among the people added to the list were American companies, such as PVH, the parent company Tommy Hilfiger and Illumina, a supplier of gene sequencing equipment.

His Tightening of exports Critical mineral elements will require Chinese companies to secure special licenses for the export of these resources, effectively limiting access to key minerals needed for semiconductors, rocket defense systems and solar cells.

In the last move on Tuesday, Beijing went for Boeing – America The largest exporter -By leaving Chinese airlines so that they do not accept any further deliveries for their jet and ask carriers to stop any purchases of equipment and parts related to aircraft from American companies, in accordance with Bloomberg.

Cutting off deliveries to China will increase the problems of the aircraft manufacturer in cash because it fights with maintenance Quality control crisis.

In another sign of the growing war activity, the Chinese police issued notifications For the arrest of three people, they claimed, they got involved in Cyberrataki against China on behalf of the American National Security Agency.

Chinese state media, which published a notification, called on domestic users and companies to avoid using American technology and replace them with national alternatives.

“Beijing clearly signals to Washington that two can play in this breathing game and that he has many pulling levers, they all create different levels of pain for American companies,” said Wendy Cutler, Vice President of Asia Society Society Policy Institute.

“Thanks to high tariffs and other restrictions, the separation of two economies is full,” said Cutler.

At the beginning of this month, an account in social media related to the Chinese State Media Information Agency Xinhua suggested that Beijing may impose He puts on American advisory companies And consider the probe in Chinese operations of American companies regarding the huge “monopolistic benefits” that they have gained from intellectual laws.

According to estimates, Nomura estimates that the import of American services increased by over 10 times to $ 55 billion in 2024, it gives a surplus of American services with China to $ 32 billion last year.

Last week, China stated that this would reduce the import of US films and warned its citizens against traveler Or learning In the United States, with a sign of the intention of Beijing Beauty to sectors of entertainment, tourism and education in the USA.

“These funds are directed to sectors with high visibility-visibility, media and education-who resonates politically in the US,” said Jing Qian, managing director of the Center for China Analysis.

Although they may have a low impact on the actual impact on the dollar, taking into account the smaller scale of these sectors, “reputational effects – such as less Chinese students or more cautious Chinese employees – can wave through the academic community and technological talent ecosystem” – he added.

Nomura estimates that $ 24 billion may be at risk if Beijing significantly increases the restrictions on travel to the USA

According to Nomury in the USA, it dominated the export of American services to China, reflecting the expenses of millions of Chinese tourists in the USA. It is estimated that expenses related to education are 71% 270,000 Chinese students Studying in the USA

Entertainment exports, including films, musical and television, accounted for only 6% of American exports in this sector, as the investment company said, noting that the latest Beijing movement for film import “has a more symbolic weight than economic bite.”

“We saw a deeper separation-not only in supply chains, but in connections between people, exchange of knowledge and regulatory framework. This can signal the transaction from transaction voltage to systemic discrepancy,” said Qian.