China Escalates Trade Dispute with New Tariffs on U.S. Goods

Amid intensifying trade tensions, China declared it will implement tariffs between 10% and 15% on various U.S. products starting February 10. The affected items encompass coal, liquefied natural gas, crude oil, agricultural equipment, and specific vehicle categories. In tandem, China has commenced an antitrust investigation into Google and introduced export restrictions on essential minerals vital for high-tech industries. These developments signify a notable escalation in the trade conflict between the two economic powerhouses.