China Hits Back at Trump’s Tariffs
China Hits Back at Trump’s Tariffs: China has imposed tariffs of up to 15% on U.S. imports, including coal and crude oil, in retaliation to Trump’s trade war. Meanwhile, China has also launched an antitrust investigation against Google, tightening the noose on the tech giant.
China is in a do-or-die mood! Now gave a befitting reply to Trump on the tariff war; and tightened the noose on Google too. China has taken action on America’s ‘tariff war’. China has decided that a 10 to 15 percent tariff will be imposed on goods imported from America. China has imposed a 15 percent tariff on American coal and LNG products. At the same time, a 10 percent tariff has been imposed on American crude oil and other products. At the same time, China is also going to investigate the functioning of Google. China alleges that Google is violating antitrust laws.
Recently, President Donald Trump announced that a 10 percent import tariff would be imposed on China. China had objected to Trump’s decision. China’s Foreign Ministry said that this unilateral decision of America is a violation of the rules of the World Trade Organization.
America had announced to imposition of tariffs on Canada and Mexico apart from China. However, Trump took a U-turn on the issue of Canada and Trump. A few days ago, Trump spoke to Mexican President Claudia Sheinbaum over the phone and agreed to postpone the tariff.
After this, Trump has postponed the decision to impose a tariff on Canada for 30 days. Trudeau said that the conversation with Trump was good and he has agreed to stop the 25% tariff imposed on exports for “at least 30 days”.
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