Summary

Trump imposed 10% tariffs on China and scrapped a duty-free exemption for shipments under $800, igniting his ongoing trade war.

China retaliated by launching an anti-trust investigation into Google and imposing 15% to 10% tariffs on various US goods, including energy and vehicles.

China also enforced export controls on critical minerals and blacklisted US companies PVH Group and Illumina Inc, signaling deeper trade frictions.