This development has led China to retaliate strongly against the United States as it is looking forward to announcing its own package of retaliatory measures. Just a few days ago, the U.S. President Donald Trump declared a trade war against China, and a few days after that, a decision was made to raise the tariffs on Chinese products. China's retaliation isn't limited to tariffs alone. The tech giant Google has also been under investigation, Beijing said, marking a broader response to Washington's policies.
In its official statement, China's Ministry of Foreign Affairs announced the imposition of tariffs on goods coming from the U.S. like crude oil, agricultural equipment, and high-end vehicles. This action cuts across various sectors, which makes the trade tension between the two economic giants seem deepening. According to the ministry, this decision is not a response to U.S. tariffs alone but also a measure to respect the rules of the World Trade Organization (WTO), where the U.S. was believed to be breaching international norms in trade. Furthermore, China emphasized that it would not stop pursuing these measures, even if it had to destroy the trade relationship with the U.S. They also highlighted the economic losses caused by America's unilateral tariffs, especially those against China's necessary exports. China has shown its willingness to hold its ground in the face of U.S. pressure, arguing that the U.S.'s actions are detrimental to both parties' long-term economic cooperation.
Another front it has illuminated is China's move against Google, where it has launched an investigation against Google for violating anti-trust regulations and engaging in activities detrimental to the interests of Chinese consumers and the country's technology ecosystem. This gives a picture of China's growing scrutiny of foreign tech firms operating in its market, especially when their actions are perceived to undermine local competition or market fairness.
While the U.S. remains adamant on the free-market principles, China has been very clear that it will react sternly to the economic policies of the U.S.
The Ministry of Foreign Affairs was firm that China would not give up on its fight to protect its interests despite the trade war. The global community is following this trade battle closely, as its implications are expected to go beyond these two countries and touch economies around the world. Therefore, in this light, China has all its preparation ready in response to U.S. tariff actions and other probes launched by Washington. As such, this is one ongoing trade war creating enormous uncertainty within the global market with countries such as Mexico and Canada taking part in the same debate. Thus, the ultimate end of the trade war might rewrite global trade relationships between both countries, given their mutual intentions of repositioning themselves to top positions within the global community.