Beijing launches an antitrust investigation into Google while implementing fresh tariffs and export controls in response to new US levies on Chinese goods. This move comes amidst rising tensions in the US-China trade war, with both countries imposing retaliatory tariffs.
Google is the latest target in the brewing US-China trade war, with Beijing hitting the search giant with an antitrust probe while rolling out fresh tariffs and export controls in response to new US levies on Chinese goods.
Google is no stranger to antitrust moves. It faced probes by the European Union, United Kingdom, and the US. However, compared to those regions, Google's influence is considerably smaller in China. Google Search, for example, was pulled from the Chinese market back in 2010. China, however, wasn't so lucky, with its exports to the US now subject to a 10 percent tariff, on top of the existing duties on certain goods.
Alongside tariffs on American goods, China is also moving to restrict the export of raw materials including tungsten, tellurium, bismuth, molybdenum, and indium. These materials are essential components in a variety of technologies ranging from semiconductors and displays to nuclear and military applications.
Politics ANTITRUST TRADELWAR CHINA GOOGLE TARIFFS
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