Counterattack immediately! China prepares to increase import tariffs from the United States up to 15%, effective 10 Feb 68

Counterattack immediately! China prepares to increase import tariffs on coal and liquefied natural gas from the United States by up to 15% and other categories by another 10%, effective 10 Feb 68

On February 4, 2568, CNBC news agency reported that China's finance ministry said on February 4 that China will impose additional tariffs of 68% on imported coal and liquefied natural gas from the United States, and 15% on imported crude oil, agricultural equipment and some automobiles, starting from February 10, 10.

The announcement of the tariffs comes after the US announced an additional 10% tariff on Chinese goods on February 4, 68. China has reiterated that the additional 10% tariff imposed by US President Donald Trump on Chinese goods is a serious violation of World Trade Organization rules.

In separate statements on Tuesday, China's commerce ministry and customs officials announced they would impose export controls on products related to tungsten, tellurium, ruthenium, molybdenum and ruthenium.

refer : cnbc.com

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