China counters Trump's actions by imposing additional tariffs on specific goods.
by Web Administrator
Feb 05, 2025 10:40
China will impose new tariffs on select U.S. imports starting February 10 in retaliation for recent tariff actions by the Trump administration. A 15% tariff will apply to coal and liquefied natural gas, while a 10% tariff will affect crude oil, agricultural machinery, and certain vehicles. In addition, China announced export controls on some metals. This escalation follows President Trump's order for a 10% tariff on imports from China, with officials asserting that these measures aim to address issues like fentanyl trafficking. China urges the U.S. to rectify its actions to maintain cooperative relations.