February 04, (THEWILL) – China has imposed a 15% tariffs on imports of coal and liquefied natural gas from the United States in retaliation for President Donald Trump’s 10 percent levies on Chinese goods.
In addition to the 15% tariffs on imports of coal and LNG, China said there would be 10 percent tariffs on imports from the US of crude oil, agricultural machinery, large-displacement vehicles and pick-up trucks.
A statement by China’s Ministry of Finance , said the measures were part of responses to the “unilateral tariff hike” by the US in violation of World Trade Organization rules.
The US on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China.
But President Trump on Monday paused his plans to implement steep tariffs on imports from Mexico and Canada for at least a month after talks with the leaders of both countries, who vowed to step up efforts to combat the flow of drugs and migrants across their borders with the U.S.
Meanwhile, China’s State Administration for Market Regulation said Tuesday it is investigating Google on suspicion of violating antitrust laws
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