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China Declares Tariffs ‘Meaningless,’ Pivots to Targeting Boeing and Critical Minerals

Published: 04-17-2025, 11:10 am | Updated: 04-17-2025, 10:23 am

China has declared an end to its tit-for-tat tariff responses to President Trump’s trade measures, dismissing further U.S. tariff increases as a “joke” that Beijing would “ignore.”

Instead, China is deploying a broader strategy targeting American businesses across multiple sectors. While Trump has raised tariffs on Chinese goods by up to 245%, China is now focusing on non-tariff restrictions.

These measures include tightening export controls on rare-earth minerals crucial for semiconductors and defense systems, launching antitrust investigations into American companies like Google and DuPont, and expanding its “unreliable entity” list that restricts U.S. firms from trading or investing in China.

In its latest significant move, Beijing ordered Chinese airlines to halt Boeing deliveries and stop purchasing aircraft parts from U.S. companies, further straining the already troubled American manufacturer.

Original Source: CNBC

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