Tiếng Việt
中文 (中国)
日本語
Recently, China officially announced its decision to file a lawsuit against the United States at the World Trade Organization (WTO) after the administration of President Donald Trump imposed new tariffs on imports from Beijing.
According to a statement from China’s Ministry of Commerce on February 2, 2025, the U.S. tariff measures are considered a “serious violation” of WTO regulations. China has urged Washington to engage in open dialogue and strengthen cooperation to resolve disputes.
The Chinese Ministry of Commerce emphasized that China “firmly opposes” the new U.S. tariffs and will take corresponding countermeasures to protect its legitimate interests. Additionally, Beijing criticized Washington’s actions, arguing that they not only harm bilateral trade relations but also weaken economic cooperation between the two countries.
China expressed hope that the U.S. would address its domestic issues, such as the fentanyl crisis, in an objective and reasonable manner rather than using tariffs as a coercive tool.
Trade tensions between the world’s two largest economies escalated when President Trump ordered a 25% tariff on imports from Canada and Mexico, along with a 10% tariff on Chinese goods, effective February 4, 2025. Notably, Trump stated that this 10% tariff was merely a preliminary move.
This action is believed to be aimed at addressing the national emergency related to fentanyl and illegal immigration. In response, China announced plans to impose tariffs ranging from 10% to 15% on certain U.S. imports, including certain types of coal, liquefied natural gas, crude oil, agricultural machinery, large-engine vehicles, and pickup trucks, starting February 10, 2025.
Amid these developments, President Trump appears in no hurry to establish dialogue with Chinese President Xi Jinping. While he previously mentioned plans to speak with the Chinese leader within 24 hours, he later stated that discussions would only take place “at an appropriate time.”
Talks between the two leaders are seen as a crucial factor in de-escalating tensions and preventing further tariff impositions, which could lead to another trade war similar to the one between the U.S. and China in 2018. That conflict intensified in 2019 before gradually easing in 2020.
White House spokesperson Karoline Leavitt stated that a phone call between President Trump and President Xi is still being arranged. She emphasized that dialogue would be an opportunity for both sides to seek solutions to current issues. However, given recent developments, the U.S.-China trade war shows no signs of cooling down, posing significant challenges to the global economy.
ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].
ASL LAW is the top-tier Vietnam law firm for tax law consulting service. If you need any advice, please contact us for further information or collaboration.
