China has responded to President Trump's recent 10 percent tariffs on all Chinese products by imposing its own tariffs on U.S. coal and gas, as well as placing restrictions on the export of certain minerals, amounting to around $20 billion of U.S. exports. With these tariffs set to take effect on February 10, the window for negotiations remains open, and a call between Trump and Xi Jinping is expected soon. Meanwhile, Trump's tariff strategies have raised concerns about strengthening China's global influence and have led to antitrust investigations into Google by Chinese authorities.
China's retaliation includes tariffs on U.S. coal and gas, covering about $20 billion in U.S. exports, while Trump's tariffs target over $450 billion in Chinese goods.
With Chinese tariffs not effective until February 10, negotiations may still unfold, as a call between Trump and Xi Jinping is being scheduled.
Amid tariff threats, Trump's actions may be inadvertently strengthening Beijing's global position, providing them the opportunity to assert themselves among allies.
The ongoing tension has prompted Chinese authorities to begin an antitrust investigation into Google, highlighting broader implications of U.S.-China trade relations.
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