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Tit-for-tat: China imposes 15% tariff on US coal, LNG and 10% on crude oil

IndiaTimes Tuesday, 4 February 2025
China imposed tariffs on US coal, LNG, oil, and vehicles in response to Trump's tariffs on Chinese goods, escalating the trade war. Tensions with Canada and Mexico initially eased, but a political crisis erupted in Canada, forcing Prime Minister Trudeau's resignation and early elections. Trump's tariff strategy remains aggressive, with potential economic impacts.
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Video Credit: Oneindia - Published
News video: China Strikes Back: Imposes 15-25% Tariffs on US Imports in Retaliation Against Trump’s Trade War

China Strikes Back: Imposes 15-25% Tariffs on US Imports in Retaliation Against Trump’s Trade War 03:09

 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...

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