China launches limited tariffs after Trump’s new levies

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China launches limited tariffs after Trump’s new levies
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Trump on Monday suspended his threat of 25% tariffs on Mexico and Canada at the last minute, agreeing to a 30-day pause in return for concessions on b...

: China imposed targeted tariffs on American imports on Tuesday and put several U.S. companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese imports imposed by President Donald Trump.

Trump on Monday suspended his threat of 25% tariffs on Mexico and Canada at the last minute, agreeing to a 30-day pause in return for concessions on border and crime enforcement. “We will be open and pragmatic in how to achieve that. But we will make it equally clear that we will always protect our own interests – however and whenever that is needed,“ she said in a speech.

The 10%-duty China announced on electric trucks imported from the U.S. could apply to Elon Musk’s Cybertruck, a niche offering Tesla has been promoting in China. Tesla had no immediate comment. Trump said he might increase tariffs on China further unless Beijing stemmed the flow of fentanyl, a deadly opioid, into the U.S.

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