China today announced the imposition of additional duties on various imported US productsincluding chicken, corn, wheat and soy, reacting to US President Donald Trump’s announcement to impose new tariffs on Chinese products.

It is recalled that the Republican president signed a decree on Monday, which increased to 20% of duties for all Chinese products imported to the US, a measure that will come into force today.

In response to Beijing today announced the imposition of an additional 15% duties In chicken, wheat, corn and cotton that enter China from the US.

In other American imported products, such as salvation, soy, pork, beef, seafood, fruits, vegetables and dairy products will be imposed Additional duties of 10%.

“Washington, acting unilaterally, is affecting the multilateral trade system” and “weakens the bases of economic and trade cooperation between China and the US”explained by the Chinese Treasury in a statement.

New duties will come into force after 10 March 2025clarified.

At the same time, Beijing announced that it added 15 US entities to the list of businesses subject to export control. These entities “They hurt China’s national security and interests”he pointed out the Chinese Ministry of Commerce.

US exports of agricultural products, such as soybean in China, represent the largest share of US products exported to China, with $ 1.2% or $ 22.3 billion in 2023, according to an Allianz Research analysis. Oil and gas took second place with a share of $ 1% or $ 19.3 billion, according to the survey. Pharmaceuticals took third place with a share of $ 0.8% or $ 15.6 billion.

The Chinese government had earlier announced that it would receive “countermeasures”, following Trump’s announcement that customs duties on Chinese products imported to the US would increase to 20%.

“China is very unhappy for this measure and is strongly opposed to it. Will receive countermeasures to protect its rights and interests »previously said the Chinese Ministry of Commerce spokesman in a statement.

During his election campaign, the Republican did not cease to reiterate that customs duties is his “favorite”.

He has expressed his intention to use them to balance the US current trade balance, to partially fund the reduction of taxes he announced and to impose “respect” on the part of his country’s partners.

Trump accuses Beijing of not doing long enough to combat the movement of phentayl, very strong synthetic opioid that is blamed for tens of thousands of American deaths from overdose each year. He attributes him “Laisser-Faire”.

THE Canada For his part, he will implement customs duties to US products from today, in retaliation to those announced by Donald Trump, Prime Minister Justin Trinto announced Monday, judging that ‘Nothing justifies these measures’ On the part of the US government.

“If US customs duties come into force, Canada will pay back from midnight (local time), applying 25% customs customs duties to US $ 155 billion (worth)“, Explained by the head of the Canadian government.

These duties will “remain in force” as the US is implemented, even if Washington does not suspend them, “we are discussing (…) with the provinces and areas” of Canada to adopt other measures, “non -tariff”, Trinto added.

“Existential Threat” for Canada The tariffs announced by Trump, the Canadian Foreign Minister states

The customs duties that Trump wants to impose on Canadian products are a “existential threat” for Canada, Canadian Foreign Minister Melanie Zoli said yesterday.

“We know that this is an existential threat to us and thousands of jobs in Canada are in danger,” Zoli stressed.

Taiwanese TSMC semiconductor giant will invest ‘at least $ 100 billion’ in the US

The TSMC semiconductor Taiwanese will invest “at least $ 100 billion” in the US, Donald Trump said yesterday with the company’s chief executive at the White House.

“Invested at least $ 100 billion in the US in the short term for manufacturing state -of -the -art semiconductor production plants”said the US president.

The investment will ‘Create thousands of jobs’ with ‘Very good wages’ In Arizona, the White House resumed.

Speaking about TSMC’s investment in the US, Trump said a Chinese invasion of Taiwan would be a “devastating” event.

Taiwan Semiconductor Manufacturing Company (TSMC) produces semiconductors used by Apple’s iPhones to state -of -the -art NVIDIA artificial intelligence equipment.

The Managing Director of Taiwanese Colossus, SS Way, he stressed that the company had already invested $ 65 billion in the construction of three factories in Arizona.

The total investment will now amount to 165 billion, for three other production plants and two packaging plants, also in Arizona.

“We will produce many semiconductors for artificial intelligence”SS said. Way.

“Companies come here and invest a lot of money because they want to be in the world’s largest market and want to avoid the duties they would face if they were not here.”said US Minister of Commerce Howard Lutnik, who was present at the event.

Honda will produce the next Civic in the US, not in Mexico, due to duties

OR Honda It has decided to produce the next generation of the hybrid Civic in the state of Indiana, USA, instead of Mexico, to avoid potential duties on one of its higher -sales car models, according to Reuters, citing three sources with knowledge of the situation.

This change shows how manufacturers try to adapt to Trump’s duties of 25% to products from Mexico and Canada. While several automakers have expressed concerns about duties, Honda’s move is the first measure of a large Japanese automaker.

Japan’s second -largest automaker was originally planning to build the next generation of Civic in Guanahuto, Mexico, according to three sources. Production was scheduled to start in November 2027, according to one Pao the sources.

Mexico was chosen because cost increased made it difficult to produce the car in Indiana and Canada, one of the agency sources added.

Now the company plans to build the new Civic model in Indiana from May 2028 with expected annual production of about 210,000 points, one of the sources said. Honda will look to import from countries that are not affected by duties if production in Indiana is short of demand, one source added.

Mexico has long been a low -cost production hub for Japanese and other global automakers. Honda sends about 80% of its Mexican production in the US, the second largest car market in the world after China.

Coo Shinji Aoyama warned in November that Honda should consider shifting production if the US imposes permanent duties on imported vehicles.

Honda’s case shows how much US duties affect the situation for industries that cannot drastically change the plans for the short -term, investment and different production lines used for the various markets.

Honda sold about 1.4 million cars and trucks in the US last year, including Acura models. It sold more than 240,000 Civics, both petrol and petrol-electric hybrid models, making it the second best Honda car in the US market after CR-V.

Civic sales in the US, known for its affordable price, increased by 21% annually last year, according to company data.

About 40% of Honda’s vehicles in the US are imported from Mexico and Canada.

In addition, it exports about 60,000 cars manufactured to the US in Mexico or Canada, which means that if these countries are importing reciprocal duties, Honda could be faced with further costs.