The additional tariffs on US goods that China said it would impose are set to take effect on Monday.
The measure is believed to be a response to the new duties that were placed on Chinese products by US President Donald Trump's administration.
Beijing previously said that it would put a 15 percent tariff on US coal and liquefied natural gas. It added that it would impose a 10 percent levy on goods, such as crude oil, agricultural machinery and large-engine automobiles.
If the tit-for-tat tariffs lead to a US-China trade war, the global economy will inevitably be affected.
Observers are wondering whether the US and China will hold discussions to try to prevent the situation from escalating.
The measure is believed to be a response to the new duties that were placed on Chinese products by US President Donald Trump's administration.
Beijing previously said that it would put a 15 percent tariff on US coal and liquefied natural gas. It added that it would impose a 10 percent levy on goods, such as crude oil, agricultural machinery and large-engine automobiles.
If the tit-for-tat tariffs lead to a US-China trade war, the global economy will inevitably be affected.
Observers are wondering whether the US and China will hold discussions to try to prevent the situation from escalating.
Similar Readings (5 items)
China calls for dialogue with US after announcing tit-for-tat tariffs
China's 125% tariffs on US goods go into effect
China to impose retaliatory tariffs on imports from Canada
Trump: 25% tariffs on all steel, aluminum imports
Trump announces additional 100% tariff on China
Summary
China will impose additional tariffs on US goods from Monday, in response to US duties on Chinese products. Beijing plans a 15% tariff on US coal and LNG, plus a 10% levy on items like crude oil, agricultural machinery, and large-engine automobiles. If these tit-for-tat tariffs lead to a US-China
Statistics
118
Words1
Read CountDetails
ID: ee0c3cd3-0d23-42d2-8bc0-9b1fa2f10c01
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250210_02/
Date: Feb. 10, 2025
Created: 2025/02/10 07:00
Updated: 2025/12/08 06:23
Last Read: 2025/02/10 07:55