THE NEW YORK TIMES: After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.
Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products.
Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing to crack down on fentanyl shipments into the United States.
The Chinese government came back with a series of retaliatory steps, including additional tariffs on liquefied natural gas, coal, farm machinery and other products from the United States. It also said it had 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 said they had launched an antimonopoly investigation into Google. Google is blocked from China’s internet, but the move may disrupt the company’s dealings with Chinese companies. » | Ana Swanson and Chris Buckley | Ana Swanson reported from Washington and Chris Buckley from Bangkok. | Tuesday, February 4, 2025
Why do I get the feeling that China has decided to teach Trump an important lesson? A lesson he’ll never forget. – © Mark Alexander