Audio By Carbonatix
China’s Ministry of Commerce announced Tuesday it was implementing counter-tariffs against the U.S. on multiple products, while announcing other trade-related measures, including an investigation into Google.
The government said it would implement a 15% tariff on coal and liquified natural gas products, as well as a 10% tariff on crude oil, agricultural machinery, and large-displacement cars.
“The US’s unilateral tariff increase seriously violates the rules of the World Trade Organization,” the statement said. “It is not only unhelpful in solving its own problems but also damages normal economic and trade cooperation between China and the US.”
The 10% tariff that President Donald Trump ordered on China was set to go into effect Tuesday, though Trump planned to talk with Chinese President Xi Jinping in the next few days.
China’s State Administration for Market Regulation on Tuesday said it is investigating Google on suspicion of violating antitrust laws. While the announcement did not specifically mention any tariffs, the announcement came just minutes after Trump’s 10% tariffs were to take effect.
Latest Stories
-
KMA orders removal of unauthorized canopies, awnings at shop frontages in Kumasi
9 minutes -
We are chasing Ebola virus – it is ahead of us, WHO warns
13 minutes -
Tourism Minister prioritises unfinished cultural centres over promised Kumasi theatre
13 minutes -
Ghana’s forts and castles are warning us: Climate change is also a cultural crisis
29 minutes -
Centralised decentralisation: The strings we do not see, and what managing Tema has taught me about local power
30 minutes -
Non-partisan on paper: How Ghana’s MMDCE reform could still hand every district to one party
30 minutes -
GoldBod generated $10.8bn in forex from small-scale gold — Sammy Gyamfi
41 minutes -
Running for an office and running the office
1 hour -
Drowning in data, dying from bad decisions -BigData Ghana CEO charges Africa to act
1 hour -
“It’s time for us to make our voices heard” – GAUA on strike over allowance disparity
1 hour -
Ghana’s graduates trapped in unemployment as the system fails to absorb them
1 hour -
SDA leads partnership with government to complete Agenda 111 projects
1 hour -
Hamamat launches competition series with GH¢10,000 grand prize
1 hour -
GAUA strike to halt salaries, admissions, promotions and procurement across universities
1 hour -
We cannot drink gold: The price Ghana is paying for galamsey
1 hour