China’s State Administration for Market Regulation on Tuesday said it is investigating Google on suspicion of violating antitrust laws.

After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.

The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.

China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.

Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade experts said China appeared to aim for minimal short-term harm while showing the range of its possible responses.

China imposed targeted tariffs on American imports on Tuesday and put several U.S. companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese imports imposed by President Donald Trump.

The Chinese government has released a long list of U.S. imports that will be affected by targeted tariffs in response to a 10% U.S. tariff on all goods imported from China. China will impose a 10% tariff on U.

U.S. President Donald Trump will speak with Chinese President Xi Jinping as soon as this week, Trump's spokesperson said, setting up a major diplomatic exchange as the world's two largest economies seek a deal that could avert a broader trade war.