US-China trade war again..!? beijing orders an investigation!?

In response to the US tax, china has imposed retaliatory tariffs on US goods. Tariffs have been raised on many products including coal, LNG, crude oil. An investigation has also been launched against Google. US President donald trump on saturday imposed a 10 percent tariff on goods imported from China. In retaliation, china has imposed tariffs on goods coming from the US. china has launched an antitrust investigation against Google. China's Foreign Ministry said on tuesday that a 15 percent tariff has been imposed on US coal and LNG. Crude oil, agricultural equipment, and high-powered cars have been subject to a 10 percent tariff. The Chinese Foreign Ministry said in a statement, "The US is violating WTO (World Trade Organization) rules by unilaterally raising tariffs. This will not help solve our problems. It will damage normal economic and trade cooperation between china and the US."
China will investigate US technology giant google for antitrust violations. It is noteworthy that Google's search engine is banned in China. google works in china with local partners, including advertisers. china is in a profitable position in trade with the US. china exports more to the US. Imports less. This makes the US likely to lose more in the trade war. According to ship-tracking data, the US contributed about 6% of China's LNG imports last year. china imports very little coal from the US. Google's search and internet services have been banned in china since 2010.

China tops tungsten production:
China has said it is restricting exports of tungsten-related products. china is the largest producer of tungsten. china accounts for about 80% of global production. Tungsten is commonly used in armor-piercing missiles in the defense sector. According to US government data, the US imported goods worth $401 billion (Rs 34.92 lakh crore) from china in the first 11 months of last year. The trade deficit was more than $270 billion (Rs 23.52 lakh crore). china imposes tariffs on US goods. Tariffs on goods including coal, LNG, crude oil.
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Sowmiya Sriram

04/02/2025 06:43 PM