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.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.