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China announces retaliatory actions as Trump tariffs take effect

2025-02-04 07:43:00, Kosova & Bota CNA

China announces retaliatory actions as Trump tariffs take effect

China has announced retaliatory action after new tariffs imposed by US President Donald Trump.

The Chinese tariffs target American imports, including coal, large-engine cars and liquefied natural gas.

Beijing's antimonopoly watchdog has also launched an investigation into Google.

Trump's 10% tariffs on China went into effect, while proposed 25% tariffs on Canada and Mexico were halted for a month.

Trump's election campaign included a threat to hit China with 60% tariffs, citing fentanyl flows into the US as the reason.

But even the lower rate could hurt America's third-largest trading partner, which is still subject to tariffs from Trump's first term.

China is already struggling with slow economic growth and has become increasingly dependent on exports./ CNA





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