China Imposes 15% Tariffs on US Coal, LNG Imports
China Imposes 15% Tariffs on US Coal, LNG Imports

China Imposes 15% Tariffs on US Coal, LNG Imports

News summary

In retaliation to the U.S. imposing a 10% tariff on Chinese goods, China has announced new tariffs on American imports, including a 15% levy on coal and liquefied natural gas, as well as a 10% tariff on crude oil and agricultural machinery, effective February 10. These measures come after President Trump paused tariffs on imports from Canada and Mexico following negotiations related to border security. Analysts suggest China's response is measured, as they aim to avoid escalating the trade war further while addressing the economic impact of U.S. tariffs. China has also initiated an antitrust investigation into Google, signaling broader tensions between the nations. The U.S. tariffs are seen as violations of World Trade Organization rules by China, which has filed a case against the U.S. regarding these measures. The ongoing trade disputes continue to strain economic relations between the two countries.

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