From the Liveblog of
Tuesday, February 4, 2025
China counters Trump with tariffs on US products, says will also investigate Google
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BEIJING — China’s Ministry of Commerce announces it is implementing counter tariffs against the US on multiple products, while announcing other trade-related measures, including an investigation into Google.
The Chinese government says it will implement a 15% tariff on coal and liquified natural gas products, as well as a 10% tariff on crude oil, agricultural machinery, large-displacement cars.
“The US’s unilateral tariff increase seriously violates the rules of the World Trade Organization,” the statement says. “It is not only unhelpful in solving its own problems, but also damages normal economic and trade cooperation between China and the US.”
The 10 percent tariff that US President Donald Trump ordered on China is set to go into effect today, though Trump plans to talk with Chinese President Xi Jinping in the next few days.
China’s State Administration for Market Regulation says it is investigating Google on suspicion of violating antitrust laws. While the announcement did not specifically mention any tariffs, the announcement came just minutes after Trump’s 10% tariffs were to take effect.
The Times of Israel Community.