🌟 [ 2 ]   China announces retaliatory action as Donald Trumps tariffs take effect

( 60395 viewed : 1149 like : 883 comments ) China has announced retaliatory tariffs on some American goods, as US tariffs on all Chinese goods come into force.

The Chinese tariffs - due to begin on Monday - would put a 15% import tax on US coal and liquefied natural gas, plus 10% on crude oil, agricultural machinery, pick-up trucks, and some sports cars.

Proposed US tariffs of 25% on Canadian and Mexican goods have been postponed after last-minute talks.

President Trump says the Chinese tariffs are a response to trade deficits, and the flow of fentanyl into the US.

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#US #China #BBCNews [ 2025-02-04T08:04:28Z ] :flashminiupdate:2025-02-04

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[2D] China announces retaliatory action as Donald Trumps tariffs take effect [ World ]