China hits back at US and EU as trade rows deepen

China has begun an anti-dumping investigation into imports of polyoxymethylene copolymer, a plastic widely used in electronics and automobiles, from the US, EU, Taiwan, and Japan. This move by the Ministry of Commerce signals China’s intent to retaliate in its ongoing trade disputes with the US and Europe.

The announcement comes amidst escalating trade tensions between China, the US, and the EU. Just last week, Washington significantly increased tariffs on a range of Chinese goods, including electric vehicles (EVs), solar panels, and computer chips. These measures build upon the sweeping border taxes imposed on Chinese goods during the Trump administration.

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China’s commerce ministry has criticised the recent US actions, stating they will “severely affect the atmosphere for bilateral cooperation” and accusing the US of politicising economic issues. In anticipation of the White House’s tariff announcement, a spokesperson for China’s foreign ministry declared that China would “take all necessary measures to safeguard its legitimate rights and interests.”

Additionally, on Monday, China imposed sanctions on three American defence firms over their arms sales to Taiwan, as reported by state media.