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China hits back at US with levies as Trump tariffs come in force

 

File image: US President Donald Trump, left, attends a bilateral meeting with Chinas President Xi Jinping during the G20 leaders summit, in Osaka. Photo: Reuters
  • China imposed 15% tariffs on US coal and LNG
  • Tariffs were in response to US 10% levies in China
  • China said Tuesday it would impose tariffs of 15% on imports of coal and liquefied natural gas from the United States, in retaliation for Washington's 10% levies on Chinese goods.

  • Beijing's finance ministry also unveiled 10% tariffs on imports from the United States of crude oil, agricultural machinery, large-displacement vehicles and pickup trucks.

    The new measures were in response to the "unilateral tariff hike" by Washington over the weekend, Beijing said. 

  • US President Donald Trump on Saturday announced sweeping measures against major trade partners including Canada and Mexico, with goods from China facing an additional 10% tariff on top of the duties they already endure.

    Trump said the measures aimed to punish countries for failing to halt flows of illegal migrants and drugs including fentanyl into the United States.

    The US move, China said, "seriously violates World Trade Organization rules, does nothing to resolve its own problems, and disrupts normal economic and trade cooperation between China and the United States."

    Beijing's tariffs, which come into force next Monday, were announced shortly after Trump said he would hold a call with President Xi Jinping in the next 24 hours.


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