China Hits Back at Tariffs, Launches Google Investigation
Trump’s tariffs on Chinese goods have prompted immediate retaliation from Beijing, raising concerns about global economic repercussions.
Under Trump’s tariff plan, the US implemented 10% tariffs and eliminated an exemption for Chinese exports valued under $800, affecting retailers like Shein and Temu that rely on this exemption.
China has launched an anti-trust investigation into Google and announced tariffs on US goods including coal, liquefied natural gas, crude oil, farm equipment, large vehicles, and pickup trucks. China also announced export controls on critical minerals like tungsten, tellurium, ruthenium, molybdenum, and ruthenium-related items, citing national security concerns.
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