In tit-for-tat move, China to impose 10% to 15% tariffs on some US products from Feb. 10
Economy
Tue, 4 Feb 2025 6:06 GMT
China also launches formal investigation against US tech giant Google, according to Reports.
In a tit-for-tat move, China announced on Tuesday that tariffs on some US products will be imposed next week, according to local media.
Beijing will impose tariffs of 10% to 15% on some US products starting on Feb. 10, the South China Morning Post reported.
Meanwhile, China's State Administration for Market Regulation said it has launched a formal investigation into US tech giant Google over a suspected violation of China's Anti-Monopoly Law.
The latest development comes after US President Donald Trump imposed a 10% tariff on imports from China.
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