China will impose additional tariffs on imports from the United States like coal and liquefied natural gas among others, starting from Feb 10, the Customs Tariff Commission of the State Council announced on Tuesday.
A 15 percent tariff will be added to coal and LNG, while a 10 percent tariff will be imposed on crude oil, agricultural machinery, large-displacement automobiles and pickup trucks, the commission said in a statement on the website of the Ministry of Finance.
The commission justified the new tariffs as in accordance with Chinese laws on tariffs, customs and foreign trade, as well as basic principles of international laws. This move follows the US' decision to levy an additional 10 percent tariff on imports from China effective Feb 1.
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The US' unilateral practice of imposing such additional tariffs has seriously violated the World Trade Organization rules, the commission said, adding that the US' move not only fails to address its own problems but also damages the normal economic and trade cooperation between China and the US.
Export controls
Meanwhile, China decided to impose export controls on materials such as tungsten, tellurium, bismuth, molybdenum and indium, effective Tuesday, according to a joint statement from the Ministry of Commerce and the General Administration of Customs.
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As a major producer and exporter of these materials, China's move aligns with international practices, a spokesperson from the MOC said.
China will grant export licenses for materials that comply with relevant regulations, the spokesperson added.
The decision to include these materials on the export control list reflects China's holistic approach to balancing development and security, the spokesperson said.
This move not only serves to better protect China's national security and interests but also enables the country to fulfill its international obligations in nonproliferation, as well as safeguard the stability of global industrial and supply chains, the spokesperson added.
Unreliable firms list
The MOC also announced that it has placed two United States enterprises - PVH Corp and Illumina Inc - on its unreliable entity list.
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PVH Corp, a clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, and biotechnology company Illumina Inc, have violated the principles of market-oriented transactions, the ministry said.
The two companies disrupted regular dealings with Chinese enterprises and adopted discriminatory measures against them, thereby seriously harming the legitimate rights and interests of Chinese companies, the ministry said.
The unreliable entity list work mechanism will take appropriate measures against the aforementioned entities based on the relevant laws and regulations, it said.