The People’s Republic of China announced it was retaliating against the United States with tariffs on specific U.S. imports. China’s decision came after President Donald Trump imposed a 10% tariff on Chinese products imported into the U.S., which went into effect at 12:01 a.m. on Tuesday.
The Ministry of Finance of the People’s Republic of China said it would impose a 10% tariff on several U.S. products, including crude oil imports, agricultural machinery, and cars and pickup trucks. A separate 15% tariff would be placed on coal and liquefied natural gas imports from the U.S. Both tariffs are scheduled to go into effect on Feb. 10.
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