China strikes back with stiff tariffs on goods, natural resources and launches probe into Google after Trump enacted his own levies amid looming trade war

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China strikes back with stiff tariffs on goods, natural resources and launches probe into Google after Trump enacted his own levies amid looming trade war

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China has retaliated against President Donald Trump's tariffs by implementing some of its own, renewing a trade war between the world's top two economies. The measures, announced by China's Finance Ministry, levy a 15 percent duty on certain types of coal and liquefied natural gas and a 10 percent tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks. Separately, China's Commerce Ministry and its Customs Administration said the country is imposing export controls on tungsten, tellurium, ruthenium, molybdenum and ruthenium-related items to safeguard national security interests.
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