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[ Tue, Feb 04th ] - Forbes
Trump Tariffs Live Updates: China Responds With R .. liatory Tariffs, Export Controls And Google Probe

Trump Tariffs Live Updates: China Responds With Retaliatory Tariffs, Export Controls And Google Probe


Published on 2025-02-04 16:00:57 - Forbes
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  • Feb. 1 Canada and Mexico both levied retaliatory tariffs on U.S. imports in response to Trump's directive, while China said it would file a lawsuit with the World Trade Organization and take "countermeasures" in response to the move.

The article from Forbes, published on February 4, 2025, discusses the escalating trade tensions between the United States and China following former President Donald Trump's announcement of new tariffs. In response, China has imposed retaliatory tariffs on U.S. goods, introduced export controls on certain technologies, and launched an investigation into Google for alleged monopolistic practices. These actions are part of a broader strategy by China to counteract the economic pressure from the U.S. tariffs, which aim to protect American industries and reduce the trade deficit. The situation has led to concerns about a potential trade war, with implications for global trade, technology sectors, and international relations.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/alisondurkee/2025/02/04/trump-tariffs-live-updates-china-responds-with-retaliatory-tariffs-export-controls-and-a-probe-into-google/ ]
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