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China counters with tariffs on U.S. products, coal and liquefied natural gas products

  • China announced retaliatory tariffs on select American imports and is investigating Google for antitrust violations, as stated by China's State Administration for Market Regulation.
  • The Commerce Ministry placed PVH Group and Illumina on an unreliable entities list due to their actions against Chinese companies.
  • George Chen described the unreliable entities list as 'alarming,' indicating pressure on U.S. Companies regarding their government's actions.
  • The Chinese government suggests that American companies must communicate their discontent with U.S. Tariffs to avoid negative consequences, according to George Chen.
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