After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.The New York Times reports that China has responded to the 10 percent tariff on Chinese products imposed by President Trump on Tuesday with retaliatory measures. These include tariffs on American companies and imports of critical products, as well as an investigation into Google.
The Chinese government wasted no time in announcing these countermeasures, which are aimed at pressuring Beijing to crack down on fentanyl shipments into the United States. The 10 percent tariff, which went into effect at 12:01 a.m. on Tuesday, was the result of an executive order issued over the weekend.
In response, China has imposed additional tariffs on liquefied natural gas, coal, farm machinery, and other products from the United States, which will take effect next Monday. They have also implemented restrictions on the export of certain critical minerals, many of which are used in the production of high-tech products.
In addition, Chinese market regulators have launched an antimonopoly investigation into Google, despite the fact that the company is already blocked from China’s internet. This move could disrupt Google’s dealings with Chinese companies.
According to Wendy Cutler, a former U.S. trade negotiator, these various measures from China demonstrate the range of options they have to respond to Mr. Trump’s trade actions. She believes that this “menu approach” is not surprising, as Beijing has been preparing for this for some time.
President Trump has referred to these tariffs as an “opening salvo,” and they come on top of levies that he imposed during his first term. This move adds a 10 percent tariff to more than $400 billion of goods that Americans purchase from China each year, with a particular impact on computers and electronics, electrical equipment, and clothing.
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