China hits back with limited response to Donald Trump’s tariffs:
Beijing targets energy and Google after US brings in extra 10% levy on Chinese imports
ft.com/content/5653e2d6-2316-4316-9a7c-72cf4f7d86e5
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China Targets US Goods Amid Rising Trade TensionsStarting February 10, China imposes tariffs on $14bn of US imports including energy and vehicles to limit trade war escalation.
- China introduced tariffs ranging from 10 to 15 percent on US liquefied natural gas, coal, crude oil, farm equipment, and cars effective February 10.
- These tariffs cover about $14 billion worth of US imports, representing under 10 percent of total US imports from China in 2023.
- China also launched an antitrust investigation into Google and tightened export controls on several rare metals.
- The actions are viewed as a measured response aimed at encouraging negotiations and avoiding a full-scale trade war.
President Trump is committed to saving American lives by using his authority to end the flow of fentanyl over our southern and northern borders that is originating from China. This is about prioritising the safety and national security of Americans.— White House National Security Council spokesperson Brian Hughes said in response to the Chinese retaliation and U.S. fentanyl policy.
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China hits back with limited response to Donald Trump’s tariffs: Beijing targets energy and Google after US brings in extra 10% levy on Chinese imports
ft.com/content/5653e2d6-2316-4316-9a7c-72cf4f7d86e5
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reuters.com/business/energy/china-tariff-retaliation-targets-its-modest-us-energy-imports-2025-02-04/
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omanobserver.om/article/1165796/world/china-to-impose-retaliatory-tariffs-on-coal-lng-imports-from-us
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