China countered President Donald Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports Tuesday as well as announcing an antitrust investigation into Google and other trade measures.
U.S. tariffs on products from Canada and Mexico also were to go into effect Tuesday, though Trump agreed to a 30-day pause on his threats against Mexico and Canada as they acted to appease his concerns about border security and drug trafficking. Trump planned to talk with Chinese President Xi Jinping in the next few days.
This isn’t the first round of tit-for-tat actions between the two countries. China and the U.S. had engaged in a trade war in 2018 when Trump raised tariffs on Chinese goods and China responded in kind.
This time, analysts said, China is much better prepared to counter.
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