04-02-2025 16:32 via krqe.com

China hits US with retaliatory tariffs

(The Hill) - China hit the U.S. back with retaliatory tariffs across the board over President Trump’s enforcement of tariffs on Chinese goods that went into effect on Tuesday. China’s Ministry of Finance announced the countermeasures, imposing a 15 percent tariff on liquefied natural gas and coal. China also said it would slap a 10 percent tariff on crude oil, pickup trucks, agricultural machinery and large-displacement cars. The tariffs are set to take effect next week on
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