China has announced retaliatory tariffs on some American goods, as US tariffs on all Chinese goods come into force.
The Chinese tariffs – due to begin on Monday – would put a 15% import tax on US coal and liquefied natural gas, plus 10% on crude oil, agricultural machinery, pick-up trucks, and some sports cars.
Proposed US tariffs of 25% on Canadian and Mexican goods have been postponed after last-minute talks.
President Trump says the Chinese tariffs are a response to trade deficits, and the flow of fentanyl into the US.
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Author: BBC News
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News post in February 4, 2025, 9:04 am.
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