ety
Trusted Member
Maybe he doesn't want to pay on foreign debts, wants write off from China.
China hits back at Canada with fresh agriculture tariffs
- Thread starter Beijingwalker
- Start date
Maybe he doesn't want to pay on foreign debts, wants write off from China.
Michael
VIP Member
Poor and ridiculous British people!
ety
Trusted Member
The State Administration for Market Regulation has launched an investigation into DuPont China Group for violating the Anti-Monopoly Law
Xinhua News Agency reported that the State Administration for Market Regulation has initiated an investigation into DuPont China Group Co., Ltd. in accordance with the law because the company was suspected of violating the Anti-Monopoly Law of the People's Republic of China.
According to Baidu Encyclopedia, DuPont of the United States registered "DuPont China Group Co., Ltd." in Shenzhen in 1988, which was the first wholly foreign-owned investment company in China at that time. After 25 years, DuPont has established 39 wholly-owned and joint venture companies in China, with approximately 6,000 employees and a total investment of more than US$800 million in mainland China. Its products and services cover multiple industries including chemicals, agriculture, food and nutrition, electronics, textiles, and automobiles.
www-hk01-com.translate.goog
Xinhua News Agency reported that the State Administration for Market Regulation has initiated an investigation into DuPont China Group Co., Ltd. in accordance with the law because the company was suspected of violating the Anti-Monopoly Law of the People's Republic of China.
According to Baidu Encyclopedia, DuPont of the United States registered "DuPont China Group Co., Ltd." in Shenzhen in 1988, which was the first wholly foreign-owned investment company in China at that time. After 25 years, DuPont has established 39 wholly-owned and joint venture companies in China, with approximately 6,000 employees and a total investment of more than US$800 million in mainland China. Its products and services cover multiple industries including chemicals, agriculture, food and nutrition, electronics, textiles, and automobiles.
涉違反反壟斷法 市場監管總局對杜邦中國集團立案調查
新華社報道，因杜邦中國（DuPont China）集團有限公司涉嫌違反《中華人民共和國反壟斷法》，市場監管總局依法對杜邦中國集團有限公司開展立案調查
www-hk01-com.translate.goog
kankan326
Registered Member
It is breaking. China is the first one who revenged Trump tariff. Other countries are still hesitating
ety
Trusted Member
Trump administration sued over Chinese import tariffs
By Jack QueenApril 3, 20254:54 PM PDT Updated 14 hours ago
A crane transports steel coil at a port under Baosteel Group, in Baoshan district of Shanghai, China March 13, 2025. China Daily via REUTERS/File Photo
April 3 (Reuters) - New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block Donald Trump's tariffs on Chinese imports, saying the U.S. president overstepped his authority.
The lawsuit, filed in federal court in Florida, alleges that Trump lacked the legal authority to impose the sweeping tariffs unveiled on Wednesday as well as duties authorized on February 1 under the International Emergency Economic Powers Act.
“By invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to control tariffs, and upset the Constitution’s separation of powers," NCLA senior litigation counsel Andrew Morris said in a statement.
White House representatives did not immediately respond to an email seeking comment.
NCLA filed the lawsuit on behalf of Simplified, a Florida-based retailer of home management products.
Trump on Wednesday announced that China would be hit with a 34% tariff, on top of the 20% he imposed earlier this year, bringing the total new levies to 54%.
The lawsuit asks a judge to block implementation and enforcement of the tariffs and undo Trump's changes to the U.S. tariff schedule.
The lawsuit says presidents can only impose tariffs with Congress' permission and under complex trade statutes spelling out how and when they can be authorized.
"Such statutes require advance investigations, detailed factual findings, and a close fit between the statutory authority and a tariff’s scope," the lawsuit says.
The law Trump invoked has never been used to impose tariffs and only allows presidents to take actions that are necessary to address a specific emergency, the lawsuit said.
Trump has declared an emergency over China's alleged complicity in the U.S. opioid epidemic, framing tariffs as a negotiating tool for ending the influx of the deadly drugs.
The lawsuit says that justification is a pretext for imposing tariffs aimed at reducing U.S. trade deficits while raising tax revenue.
The case was assigned to U.S. District Judge Kent Wetherell, a Trump appointee who had halted a key part of former President Joe Biden's immigration policy in 2023.
Reporting by Jack Queen; Editing by Leslie Adler
ety
Trusted Member
China Halts Approvals for New US Investment Projects
By News
Published 15 hours ago on
April 3, 2025
According to a Bloomberg report cited by Investing.com, China has introduced new limitations affecting its local companies planning investments in the United States.
People familiar with the situation indicate that branches of the National Development and Reform Commission have been told to stop processing applications for new US-focused investment projects, potentially escalating economic friction between the two nations.
This move coincides with President Trump increasing tariffs and planning further reciprocal measures likely aimed at China, according to the original report. While Beijing has previously restricted certain overseas investments citing national security or capital control concerns, Bloomberg suggests this latest directive indicates a more significant level of scrutiny.
Importantly, these new restrictions reportedly do not affect existing Chinese investments in the U.S., such as holdings of U.S. Treasuries, or the current operations of Chinese companies there.
The resulting uncertainty may make it harder for companies looking to relocate production facilities to circumvent growing trade barriers. The report notes that some businesses, like Hong Kong’s CK Hutchison Holdings, have already encountered difficulties related to China’s stricter examination of outbound investments.
This policy shift occurs against a backdrop where Chinese investment into the U.S. had already decreased by 5.2% in 2023. These new approval suspensions highlight the increasing difficulties companies face when managing cross-border operations during the escalating trade dispute between the world’s two largest economies.
gvwire.com
By News
Published 15 hours ago on
April 3, 2025
more from News
Beijing reportedly instructs regulators to stop processing applications for new U.S. focused investment projects. (AP File)
Beijing reportedly instructs regulators to stop processing applications for new U.S. focused investment projects. (AP File)People familiar with the situation indicate that branches of the National Development and Reform Commission have been told to stop processing applications for new US-focused investment projects, potentially escalating economic friction between the two nations.
This move coincides with President Trump increasing tariffs and planning further reciprocal measures likely aimed at China, according to the original report. While Beijing has previously restricted certain overseas investments citing national security or capital control concerns, Bloomberg suggests this latest directive indicates a more significant level of scrutiny.
Importantly, these new restrictions reportedly do not affect existing Chinese investments in the U.S., such as holdings of U.S. Treasuries, or the current operations of Chinese companies there.
The resulting uncertainty may make it harder for companies looking to relocate production facilities to circumvent growing trade barriers. The report notes that some businesses, like Hong Kong’s CK Hutchison Holdings, have already encountered difficulties related to China’s stricter examination of outbound investments.
This policy shift occurs against a backdrop where Chinese investment into the U.S. had already decreased by 5.2% in 2023. These new approval suspensions highlight the increasing difficulties companies face when managing cross-border operations during the escalating trade dispute between the world’s two largest economies.
China Halts Approvals for New US Investment Projects
Beijing reportedly instructs regulators to stop processing applications for new U.S. focused investment projects.
gvwire.com
Last edited:
Viet
VIP Member
China is a big elephant.
SolarWarden
Trusted Member
Another thread Imma gonna bookmark. This thread is going to age well in a few months and all of youz in here are going to suffer from selective memory loss. So keep going youz guys and take advantage of the short term bump.
Menthol
Trusted Member
If China is going to negotiate with USA for the tariff.
Before that, China must retaliate against the USA as forcefully as possible.
If China comes to the negotiating table wearing nothing but underwear while the USA arrives in a full suit, China will lose its underwear and go home naked—while the USA only sheds a jacket.
That would be humiliating for China.
For now, it’s better to strike back as hard as possible, creating problems out of thin air and stockpiling every possible advantage.
Before that, China must retaliate against the USA as forcefully as possible.
If China comes to the negotiating table wearing nothing but underwear while the USA arrives in a full suit, China will lose its underwear and go home naked—while the USA only sheds a jacket.
That would be humiliating for China.
For now, it’s better to strike back as hard as possible, creating problems out of thin air and stockpiling every possible advantage.
Lulldapull
Trusted Member
Man......look at this........
We are staring at this AI reality.
Look at Yommies thread about AI FPV's wreaking havoc. Warfare totally redefined no?
All our countries becoming a joke!
Soon every man n his dog goin be unemployed within da next decade or two, pushing it.
@Yommie @Davey Crockett @AZ_HighCountry, @Sharma Ji @SteppeWolff @SaadH @r3alist @Tremain @Kyussis @Tijani @vsdoc
