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China: China hikes tariffs to 125%, signals pause in trade war with US
SHOTLIST: NEW YORK, UNITED STATES (MAY 31, 2022) (ANADOLU - ACCESS ALL) (FILE FOOTAGE) 1. VARIOUS OF DRONE SHOTS OF CONTAINER SHIP QINGDAO, CHINA (JUNE 25, 2022) (ANADOLU - ACCESS ALL) (FILE FOOTAGE) 2. VARIOUS OF CONTAINERS BEING CARRIED BEIJING, CHINA (MARCH 5, 2024) (ANADOLU – ACCESS ALL) (ARCHIVE FILE) 3. EXTERIOR SHOT OF GREAT HALL OF PEOPLE 4. VARIOUS OF POLITICIANS INSIDE GREAT HALL, CONDUCTING DISCUSSIONS BOADING, CHINA (NOVEMBER 18, 2023) (AAVN – ACCESS ALL) (ARCHIVE FILE) 5. VARIOUS OF EXTERIOR OF GREAT WALL MOTORS RELATED EXQUISITE MOTORS’ FACTORY 6. COMPANY OFFICIAL EXPLAINING (Chinese) THEIR PRODUCTION LINE BOOSTED BY ADVANCED 5G NETWORK TECHNOLOGY (2 SHOTS) 7. VARIOUS OF WORKERS ON PRODUCTION LINE OF EXQUISITE MOTORS FACTORY MANUFACTURING CAR PARTS 8. VARIOUS OF AUTOMATED MACHINES MANUFACTURING GOODS 9. WORKERS MANUFACTURING ON PRODUCTION LINE OF FACTORY NEW YORK CITY, US (APRIL 3, 2025) (ANADOLU - ACCESS ALL) 10. TIMELAPSE VIDEO OF NEW YORK STOCK EXCHANGE BUILDING IN NEW YORK CITY 11. FINANCIAL DISTRICT OF LOWER MANHATTAN IN NEW YORK CITY 12. SCREENS SHOWING LOSING STOCKS CANAKKALE, TÜRKİYE (RELEASED APRIL 6, 2025) (USERS MUST CREDIT “BYD” ----EDITORIAL USE ONLY) (FILE FOOTAGE) 13. VARIOUS OF LARVE VESSEL BYD CHANGZHOU CARRYING BYD VEHICLES PASSING THROUGH DARDANELLES STRAIT KOCAELI, TÜRKİYE (RELEASED APRIL 6, 2025) (USERS MUST CREDIT “BYD” ----EDITORIAL USE ONLY) (FILE FOOTAGE) 14. DRONE SHOTS OF LARVE VESSEL CARRYING BYD VEHICLES ARRIVING AT SAFIPORT (2 SHOTS) 15. VARIOUS OF BYD CARS BEING DRIVEN OUT OF VESSEL BY WORKERS SHANGHAI, CHINA (OCTOBER 12, 2022) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 16. VARIOUS OF SHANGHAI TOWER, TALLEST BUILDING IN CHINA 17. VARIOUS OF SKYSCRAPERS ALONG RIVER 18. VARIOUS OF SKYSCRAPERS AND SHANGHAI TOWER AT NIGHT SHANGHAI, CHINA (JULY 30, 2029) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 19. WIDE SHOT OF BOAT SAILING NEAR SKYSCRAPERS (2 SHOTS) SHANGHAI, CHINA (JULY 11, 2022) (ANADOLU- ACCESS ALL) (FILE FOOTAGE) 20. PEOPLE CROSSING ROAD NEAR SKYSCRAPERS, SOME CARRYING UMBRELLA 21. BANK OF CHINA BUILDING (FILE VIDEO) US/TÜRKİYE/CHINA - Signaling a pause on its side, China on Friday said it will no longer “pay attention” to trade moves by the Trump administration after raising tariffs on all US imports to 125%, state media reported. “China will lift the additional tariffs on products imported from the US to 125% from 84%, effective from April 12,” said the State Council Customs Tariff Commission. “Given that there is no longer any possibility of market acceptance for US goods exported to China under the current tariff levels, if the US side subsequently continues to impose tariffs on Chinese goods exported to the US, the Chinese side will pay no attention to it,” the commission added. The tariff war initiated by the US President Donald Trump has rocked global markets. He has raised tariffs on Chinese goods to 145%, claiming Beijing was “abusing” trade practices with the US. Neither of the world’s top two economies has backed down and there is no immediate relief in sight. However, Beijing’s announcement that it will not “pay attention” to any further hike in US tariffs indicates China has paused any further action its side. China has also filed a fresh lawsuit with the World Trade Organization against the Trump administration's latest tariff hikes, according to the country's Commerce Ministry.
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