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China imposes new tariff sanctions on USA

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China has imposed tariffs on some American imports, including crude oil, agricultural machinery, and liquefied natural gas, effective February 10th, 2025.

The development is in retaliation for President Donald Trump’s administration’s imposition of 10% tariffs on Chinese imports into the United States.

According to reports, the measures were announced by China’s Ministry of Finance on Tuesday, noting that the tariff includes a 15% duty on certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars, and pickup trucks.

Recall that Beijing had slammed those tariffs in a statement on Sunday and vowed to resolutely defend its rights by filing a complaint with the World Trade Organization and taking corresponding countermeasures.

Written by: bossgmsi

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