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  • China retaliates against the US with tariffs and a Google probe.
    Posted on February 18th, 2025 in Exam Details (QP Included)

    • China imposes tariffs on U.S. energy, vehicles, and equipment imports, escalating the trade war between the two major economies.

    • U.S. President Trump announced measures against Canada and Mexico, while China’s goods face an additional 10% tariff.

    • China also imposes 15% levies on coal and liquefied natural gas imports, and 10% duties on crude oil, agricultural machinery, big-engined vehicles, and pick-up trucks.

    • China claims the U.S. decision violates World Trade Organization rules and disrupts normal economic and trade cooperation.

    • China plans to file a complaint with the WTO over the levies.

    • China also announces a probe into U.S. tech giant Google and the addition of U.S. fashion group PVH Corp. and biotech giant Illumina to a list of “unreliable entities”.

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