Beijing has launched an offensive: 34% tariffs and a tech response from the USA
China has announced retaliatory measures in the trade conflict with the USA:
▫️Tariffs of 34% are imposed on goods from the States
▫️Export of rare earth metals is limited — samarium, terbium, lutetium, and others become strategic weapons
▫️Export rights of 16 American companies are revoked
▫️Import of chicken from two companies — cut off
▫️And for dessert — an anti-corruption investigation… oh, no, just an inspection of X-ray tubes.