CHINA IMPOSES ADDITIONAL TARIFFS ON U.S. IMPORTS

CHINA IMPOSES ADDITIONAL TARIFFS ON U.S. IMPORTS
CHINA IMPOSES ADDITIONAL TARIFFS ON U.S. IMPORTS

CHINA IMPOSES ADDITIONAL TARIFFS ON U.S. IMPORTS

China to impose up to 15% additional tariffs on select U.S. imports starting February 10, 2025.

Affected goods include coal, liquified natural gas (LNG), crude oil, farm equipment, and certain cars.

15% tariffs on coal and LNG, and 10% higher duties on crude oil, farm equipment, and specific cars.

This action follows the U.S. implementation of a 10% tariff on Chinese goods.

China claims the U.S. tariffs violate World Trade Organization (WTO) rules.