China retaliated against new US tariffs on Chinese goods with a range of measures targeting US businesses. These include an investigation into Google for alleged anti-monopoly violations, blacklisting of PVH Corp (owner of Calvin Klein and Tommy Hilfiger) and Illumina, and imposing tariffs on US farm equipment and some vehicles.
This is AI generated summarization, which may have errors. For context, always refer to the full article.Dado Ruvic/Illustration/REUTERSBeijing also slaps tariffs on US products such as coal, oil, and some autos in a rapid response to the new duties on Chinese goods imposed by US President Donald Trump
China’s State Administration for Market Regulation said Google was suspected of violating the country’s anti-monopoly law and an investigation was initiated in accordance with the law. It did provide further details on the investigation or on what it alleged Google had done to breach the law. Separately, China’s Commerce Ministry said it had put PVH Corp, the holding company for brands including Calvin Klein and Tommy Hilfiger, and US biotechnology firm Illumina on its “unreliable entity” list.
Google, PVH and Illumina did not immediately respond to requests for comment outside regular U.S. business hours. “The tariffs could be postponed or cancelled before they come into effect… The probe against Google could conclude without any penalties.”China also announced 10% tariffs on imports of US farm equipment that could impact firms such as Caterpillar, Deere & Co, and AGCO, as well as a small number of trucks and big-engine sedans shipped to China from the United States.
If the Cybertruck was designated as an electric truck, Tesla would face a 10% tariff on any future imports from its factory in Texas.The new tariffs on US products will start on February 10, the ministry said.
Politics Trade CHINA US TARIFFS TRADE WAR GOOGLE INVESTIGATION PVH CORP ILLUMINA FARM EQUIPMENT AUTOMOTIVE
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