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China announces a counter -tariff for many American products

China faced President Trump’s tariff for Chinese products with its own tariff on multiple American imports on Tuesday, in addition to announcing an investigation to combat monopoly in Google and other commercial measures.

China said it would carry out a 15 % tariff on coal and liquefied natural gas products in addition to a 10 % tariff on crude oil, agricultural machines, cars with large engines imported from the United States, will provide customs duties next Monday.

A statement from the Ministry of Finance office said: “The increase in the US tariff by one side violates the rules of the World Trade Organization.” “It is not only not useful in solving its own problems, but it also harms natural economic and trade cooperation between China and the United States.”

In addition, the Chinese state administration to organize the market said on Tuesday that it was investigating Google on suspicion of violating the anti -monopoly laws. This advertisement did not mention the definitions, but it came just minutes after the Trump tariff by 10 % on China.

The American definitions of products from Canada and Mexico will enter into force on Tuesday, although Trump agreed to a temporary suspension of 30 days on his threats against Mexico and Canada, where they acted to appease his concerns about border security and drug trafficking. Trump plans to speak with Chinese President Xi Jinping in the next few days.

In addition to the definitions, China has announced export controls on many important elements to produce modern technology products. It includes tungsten, telorium, hemottot, molybdenum and Andium, many of which have been assigned as critical minerals by the American geological survey, which means that they are necessary for American economic or national security that undertake the display chains exposed to the turmoil.

Export controls are in addition to those that China put in December on the main elements such as Galium used in manufacturing.

The Ministry of Commerce has also placed two American companies on the list of unreliable entities: PVH Group, which owns Calvin Klein, Tommy Hilfiger, and Illumina, a biotechnology company with offices in China. The list prevents them from engaging in import or export activities related to China and from making new investments in the country.

Mr. Trump stopped his plans on Monday to Implementing sharp definitions On imports from Mexico and Canada for at least a month after talks with the leaders of the two countries, who pledged to intensify efforts to combat drugs and migrants across their borders with the United States

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