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US Tariffs Hit China; Beijing Responds With Counter-Tariffs

By Travis Gillmore

 

The 10 percent tariffs ordered by President Donald Trump on all goods imported from China went into effect on Tuesday, with Beijing responding with counter-tariffs on the same day.

The new levies on China are in addition to those imposed by Trump during his first administration, which range from 10 percent to 25 percent for various goods.

China’s Ministry of Commerce announced Tuesday it was implementing counter tariffs on multiple U.S. products, while announcing other trade-related measures, including an investigation into Google.

The communist regime said it would implement a 15 percent tariff on coal and liquified natural gas products, as well as a 10 percent tariff on crude oil, agricultural machinery, and large-displacement cars.

China’s State Administration for Market Regulation on Tuesday also announced—minutes after Trump’s 10 percent tariffs took effect—it is investigating Google on suspicion of violating antitrust laws.

Tariff Guidance 

U.S. Customs and Border Protection officials issued guidance on Monday to explain the new tariffs, and now the rules affect packages coming to the United States from China, including products from Hong Kong…

READ FULL ARTICLE HERE… (theepochtimes.com)

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