China Imposes Retaliatory Tariffs as U.S. Levies Take Effect

China imposed new tariffs on U.S. goods in response to President Donald Trump’s 10% tariff on Chinese imports, which took effect on Tuesday. Beijing’s Finance Ministry announced: • A 15% tariff on U.S. coal and LNG • An additional 10% tariff on U.S. crude oil, farm equipment, and some automobiles Advertisement China also vowed to … Continue reading China Imposes Retaliatory Tariffs as U.S. Levies Take Effect