In response to the U.S. imposing a 10% tariff on Chinese goods, China announced an antitrust investigation into Google for allegedly violating its Anti-Monopoly Law. The State Administration for Market Regulation will scrutinize Google's practices in the country, where the tech giant has been barred from offering its core services since 2010. Simultaneously, China responded to U.S. tariffs by raising levies on coal, liquefied natural gas, and other goods. This investigation signifies a significant escalation in trade tensions between the U.S. and China amid faltering relations.
The probe by China's State Administration for Market Regulation will examine alleged monopolistic practices by the U.S. tech giant, suspected of violating Anti-Monopoly Law.
Beijing hit U.S. coal and liquefied natural gas exports with a 15% levy, alongside a 10% tariff on oil and agricultural equipment in retaliation.
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