China Strikes Back in US Tariff War! Starting from February 10th, a maximum of 15% tariff will be imposed on imported goods from the US.

China announces additional tariffs on imported goods from the US

On Tuesday, the Ministry of Finance of China announced that starting from February 10th, it will impose tariffs on certain imported goods from the United States. Among them, imported coal and liquefied natural gas (LNG) will face a 15% tariff, while crude oil, agricultural equipment, and specific vehicles will be subject to a 10% tariff. This move is seen as a response to the United States' new round of tariff policies, further exacerbating the trade tensions between the two countries.

The US tariff policy takes effect, and China responds strongly

China's move to impose additional tariffs comes as the new round of 10% tariffs on China officially took effect on Tuesday. This means that the trade friction between China and the United States is heating up again, with both sides not giving in to the tariff war. Over the past few years, both China and the United States have repeatedly imposed tariffs on each other's imported goods, bringing uncertainty to the global trade market.

Affected products include energy and industrial equipment

According to the announcement of the Ministry of Finance of China, this wave of tariff adjustments covers energy products and industrial equipment. Among them, coal and liquefied natural gas (LNG) will face a maximum import tariff of 15%, which may affect US energy exports to China. In addition, crude oil, agricultural equipment, and some automobiles will also be subject to a 10% tariff, which is undoubtedly a major blow to US agriculture and automobile manufacturers.

The trade relations between China and the United States have further intensified.

Analysts point out that the recent tariff adjustments by both China and the US may further worsen bilateral economic and trade relations. The US has already imposed additional tariffs on Chinese imports, and China's countermeasures will escalate the trade friction.

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