BEIJING – China’s Ministry of Commerce introduced Tuesday it was implementing counter tariffs towards the U.S. on a number of merchandise, whereas saying different trade-related measures, together with an investigation into Google.
The federal government mentioned it might implement 15% tariff on coal and liquified pure fuel merchandise, in addition to a ten% tariff on crude oil, agricultural equipment, large-displacement vehicles.
“The US’s unilateral tariff enhance significantly violates the principles of the World Commerce Group,” the assertion mentioned. “It’s not solely unhelpful in fixing its personal issues, but in addition damages regular financial and commerce cooperation between China and the US.”
The ten% tariff that President Donald Trump ordered on China was set to enter impact Tuesday, although Trump deliberate to speak with Chinese language President Xi Jinping within the subsequent few days.
China’s State Administration for Market Regulation on Tuesday mentioned it’s investigating Google on suspicion of violating antitrust legal guidelines. Whereas the announcement didn’t particularly point out any tariffs, the announcement got here simply minutes after Trump’s 10% tariffs have been to take impact.
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