February 04, 2025 06:11 GMT
MNI BRIEF: China Imposes Tariffs On U.S. Imports
Beijing responds to U.S. tariffs.
MNI (BEIJING) - China will impose an extra 15% tariff on U.S. coal and liquified natural gas imports from February 10, the Ministry of Finance said on Tuesday.
An additional 10% charge will be applied to shipments of crude oil, agricultural machinery and some automobiles, the Ministry added.
Washington’s decision to impose a 10% tariff on all Chinese goods violates World Trade Organization rules and undermines trade cooperation between the two countries, a statement from the Ministry said.
Beijing will fight U.S. tariffs in a reasonable, forceful and moderated manner against any tariff hikes while following WTO principles, a policy advisor told MNI (See MNI INTERVIEW: China Preps For U.S. Tariffs, 10% Manageable)
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