Key Points:
• China retaliates against Trump’s 10% tariff on all Chinese imports with its own wave of tariffs and trade restrictions.
• Beijing blacklists 10 major U.S. companies, including biotech firm Illumina and drone maker Skydio.
• China sues the U.S. at the WTO, arguing that the tariffs violate global trade rules.
Ladies and Gentlemen of ParadiseClub! If you thought the U.S.-China trade war is cooling off soon, think again Paradisers, because Beijing has launched a full-scale counterattack after Washington announced a 10% tariff on all Chinese imports.
China’s retaliation includes 15% tariffs on U.S. chicken, wheat, corn, and cotton, while a separate 10% tariff will hit soybeans, pork, beef, seafood, dairy, and more starting March 10. American farmers—already feeling the squeeze—are now caught in the crossfire.
But China didn’t stop there. The government also blacklisted 10 U.S. companies, blocking them from exporting, importing, or investing in China.
U.S. Companies Blacklisted—Major Blow to Biotech & AI
Among the casualties is Illumina, a biotech giant specializing in gene sequencing. Beijing cut off its access to Chinese exports, striking back at Trump’s earlier tariffs.
Tech firms are also in trouble. U.S. drone maker Skydio and AI firm Shield AI—both with ties to major venture capital—are now restricted from sourcing key materials from China. This supply chain disruption could be devastating for their operations.
And if Washington thought China would just take the tariffs and move on, they were wrong—Beijing is taking the fight to the World Trade Organization (WTO).
China Sues the U.S. at the WTO—Again
China’s Ministry of Commerce has officially filed a WTO complaint against the U.S., calling the tariff hikes a violation of international trade rules.
“Unilateral tariff measures of the U.S. seriously violate WTO rules and undermine trade and economic cooperation between the two countries,” the Ministry said in a statement.
If this sounds familiar, it’s because China has done this before. In February, Beijing responded to Trump’s earlier round of tariffs by: Raising levies on select U.S. goods, Restricting exports of critical minerals, and Launching an antitrust probe into Google.
Now, with China’s top political leaders meeting this week, the country is setting its economic roadmap while preparing for more U.S. trade aggression.
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