Tit For Tat: China imposes 15% tariffs on coal, LNG in response to Donald Trump's tariffs

Credit: DNA- Published on February 4, 2025
The 10% tariff that President Donald Trump ordered on China was set to go into effect Tuesday, though Trump planned to talk with Chinese President Xi Jinping in the next few days.

Video credit: Oneindia
Published on February 4, 2025 -  03:09
China Strikes Back: Imposes 15-25% Tariffs on US Imports in Retaliation Against Trump’s Trade War
China has announced tariffs ranging from 15% to 25% on US imports, including coal, LNG, and crude oil, in response to Donald Trump’s trade measures. The Chinese Ministry of Commerce condemned the US's unilateral tariff hike, calling it a violation of WTO rules. Meanwhile, China’s market regulators have launched an antitrust investigation into Google, adding further tension. As Trump's 10% tariff takes effect, Beijing warns of additional countermeasures, emphasizing that no one wins in a trade war. The standoff escalates global economic uncertainty amid diplomatic strains. #China #Trump #TradeWar #Tariffs #USChinaRelations #EconomicTensions #Imports #Exports #WTO #GlobalTrade #DonaldTrump #XiJinping #USPolitics #ChinaEconomy #Sanctions #BusinessNews #BreakingNews #USImports #OilPrices #TradeConflict #Peripheral

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