China US Tariff | China Retaliates Against Trump, Announces 15-25% Tariffs On US imports
China US Tariff News: China slapped tariffs on a range of US products and announced a probe into Google moments after President Donald Trump imposed a 10% tariff on goods from Beijing, reigniting a trade war between the world’s largest economies. China will investigate the US tech giant for alleged antitrust violations, according to a Tuesday statement from the State Administration for Market Regulation. Beijing hit US coal and liquefied natural gas exports with a 15% levy, and targeted its oil and agricultural equipment with a 10% fee. Authorities also put Calvin Klein owner PVH Corp. and US gene sequencing company Illumina Inc. onto a so-called blacklist of entities, as well as imposing new export control on tungsten-related materials.
