The Trump administration has already introduced new 20-percent tariffs on China in addition to the tariffs introduced by Trump during his first term – which were also increased by the Biden administration.
The tariffs have been followed by the US Finance Minister Scott Bessent accusing China of dumping subsidized Chinese products in the USA, which distorts competition.
The Xi Jinping administration has previously signaled that they want to settle with the Trump administration about the imbalances in trade to avoid a tariff war that gets out of control.
In exchange for export restrictions on Chinese goods, China could be interested in obtaining permission to invest in these sectors on site in the USA, according to the Chinese government's advisor.
When Japan introduced export restrictions to the USA in the 1980s, it led to Japanese car manufacturers being able to raise the price per car and move up to higher premium classes on the American car market.
