China launches antitrust investigation into Google in response to tariffs
Google’s search and internet services have been blocked in China since 2010, but recent developments could create further complications for its dealings with Chinese companies. A new antitrust investigation into the tech giant has been announced, though details remain sparse. Interestingly, the probe was revealed just minutes after President Trump’s 10% tariffs on Chinese goods officially went into effect.
In retaliation, the Chinese government announced new tariffs on select U.S. goods, including a 15% levy on coal and natural gas, as well as a 10% tariff on crude oil, agricultural equipment, larger vehicles, and pickup trucks. Additionally, China plans to impose export restrictions on essential mineral elements such as tungsten, tellurium, ruthenium, and molybdenum, citing “national security interests.” These minerals are vital for modern infrastructure and technology production, which could significantly impact global supply chains.
While U.S.-imposed tariffs on Mexico and Canada have been delayed for a month to allow for further negotiations on trade and security, there has been no similar pause for tariffs on Chinese goods. President Trump said on Monday that his administration plans to speak with Chinese President Xi Jinping “probably over the next 24 hours.” He also emphasized that the tariffs will remain “very, very substantial” if no agreement is reached.
As tensions escalate, companies and industries on both sides are bracing for the ripple effects of these trade measures. Stay tuned for updates as international negotiations continue.
For more details about China’s measures, you can refer to the official announcement here.
Digital marketing enthusiast and industry professional in Digital technologies, Technology News, Mobile phones, software, gadgets with vast experience in the tech industry, I have a keen interest in technology, News breaking.
