China has said it will implement counter tariffs against the US on a range of products in response to Donald Trump‘s 10% tariff on its goods, which came into effect on Tuesday.
China’s Ministry of Commerce also announced other trade-related measures, including an investigation into Google.
The government said that it would implement a 15% tariff on coal and liquified natural gas products, as well as a 10% tariff on crude oil, agricultural machinery and large-displacement cars.
“The US’s unilateral tariff increase seriously violates the rules of the World Trade Organization,” a statement said.
“It is not only unhelpful in solving its own problems, but also damages normal economic and trade cooperation between China and the US.”
Trump’s additional 10% tariff across all Chinese imports into the US came into effect at 12:01 am ET on Tuesday (0501 GMT).
Separately, China’s Commerce Ministry and its Customs Administration said the country is imposing export controls on tungsten, tellurium, ruthenium, molybdenum and ruthenium-related items to “safeguard national security interests”.
The 10% tariff that President Donald Trump ordered on China was set to go into effect on Tuesday, though Trump planned to talk with Chinese President Xi Jinping in the next few days.
China’s State Administration for Market Regulation on Tuesday said it is investigating Google on suspicion of violating antitrust laws.
While the announcement did not specifically mention any tariffs, the announcement came just minutes after Trump’s 10% tariffs were to take effect.
During his first term in 2018, Trump initiated a brutal two-year trade war with China over its massive US trade surplus, with tit-for-tat tariffs on hundreds of billions of dollars worth of goods upending global supply chains and damaging the world economy.
To end that trade war, China agreed in 2020 to spend an extra $200bn a year on US goods but the plan was derailed by the Covid pandemic and its annual trade deficit had widened to $361 billion, according to Chinese customs data released last month.
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