China Imposes New Tariffs On U.S. Coal, LNG Imports In A Tit-For-Tat Move
China responded immediately to the 10% tariff imposed by U.S. President Donald Trump on Chinese imports by announcing retaliatory tariffs and an antitrust investigation into Google.
The new tariffs include a 15% duty on U.S. coal and liquefied natural gas (LNG) and a 10% tariff on crude oil, agricultural machinery, and large-engine cars imported from the U.S. These tariffs will take effect on February 10.
China’s State Administration for Market Regulation launched an anti-monopoly investigation into Google, just minutes after Trump’s tariffs went into effect at 0501 GMT on February 4.
Though Google’s search engine is already blocked in China, the company works with local advertisers and smartphone manufacturers.
Export Controls on Critical Minerals: China restricted exports of tungsten, tellurium, bismuth, molybdenum, and indium, all of which are crucial for electronics, military equipment, and solar panels. This follows previous controls on gallium and germanium.
Unreliable Entities List: China added PVH Group (owner of Klein …
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