Trade War
China counters Donald Trump with tariff on US goods and probe into Google
Beijing/Washington DC/IBNS: China has hit back at US president Donald Trump's 10 percent tariff on goods from Beijing with a counter tax and a probe into tech giant Google, media reports said.
China has announced a 15 percent tariff on coal and liquified natural gas and another 10 percent on oil and agricultural equipment imported from the US.
"The US's unilateral imposition of tariffs seriously violates the rules of the World Trade Organization," China's finance ministry said in a statement as quoted by CNBC TV 18.
"It is not only unhelpful in solving its own problems, but also undermines the normal economic and trade cooperation between China and the US."
In a deescalation of the trade wars against its neighbours, Trump paused tariffs on Mexico and Canada after the two countries struck a deal with the US.
The US President on Saturday ordered 25 percent tariffs on Canadian and Mexican imports and 10 percent on goods from China, citing a "major threat" by "illegal aliens".
The move had triggered strong retaliation from Ottawa and Mexico City.
Google's search and internet services have remained unavailable in China since 2020 though the tech giant operates in Beijing for advertising business.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
