China has taken a series of retaliation steps against the additional customs duties of the United States on Chinese products. In this context, the Chinese State Market Regulation Administration (Samr) announced that it has launched an anti -monopoly investigation against Google. According to the statement, there are strong doubts that the US -based technology giant violates China’s competition laws. Although Google’s search engine services have been disabled in China since 2010, the company’s other products and services are used in collaboration with Chinese technology companies. How the investigation will affect these business partnerships remains unclear.
On the same day, the Chinese government announced that it has brought additional customs duties to various products imported from the USA. Coal and liquefied natural gas (LNG) energy products such as 15 percent, crude oil, large vehicles and agricultural equipment will apply 10 percent of additional tax. These steps are a response to the new customs duties of 10 percent of the US for Chinese goods. The Beijing administration stressed that this decision aims to protect its legitimate rights within the framework of the World Trade Organization (WTO).
Export restrictions are coming to critical minerals
In addition, the Chinese Ministry of Commerce announced that some strategic importance of minerals will bring limitations to the export. These minerals include vital substances in technology production such as Tungsten, Tellür, Bizmut, Molibden and Rutetenium. Especially in sectors such as semiconductor, electronic and high -tech defense industry, the need for such resources is quite high. China’s export limitations can create significant disruptions in global supply chains.
China’s economic steps point to the re -exacerbation of the ongoing trade war with the United States. In recent months, the fact that blood pressure fell to a little bit of blood pressure had provided a short -term relief. However, new customs tariffs and mutual sanctions show that the competition between the two economies will continue to increase. Experts warn that these developments may increase global production costs and slow down economic growth rate.
On the other hand, US President Donald Trump plans to hold a phone call with Chinese President Shi Cinping. Trump said that if an agreement is not reached, the tariffs that the US will be implemented would be “much higher”. However, no details were shared about when the talks between the two sides would start.
Meanwhile, the US was expected to implement additional customs duties on Canada and Mexico on the same day. But these taxes were postponed for a month. The decision to postpone the new negotiations on security and trade issues with these countries. For China, such a postponement is not on the agenda yet.
The monopoly investigation into Google is considered as an indication that China can take a harder attitude towards US technology giants. Many observers believe that this investigation may be a symbolic move and that China may begin to support domestic technology firms more in its domestic market. On the other hand, the Google side has not yet made an official statement about the investigation.
Trade tensions between China and the United States continue to show its effects in the world of technology. The strategic moves of both countries are not limited to only two economies, but can significantly affect global production, trade and supply chains.