China imposes 15% tariffs on US coal, LNG; 10% on US crude
Jonathan Yee
04-Feb-2025
SINGAPORE (ICIS)–China has imposed a 15% tariff on coal and liquefied natural gas (LNG) imports from the US, and a 10% tariff on US crude oil and heavy machinery, effective 10 February.
The retaliatory tariffs were announced by China’s State Council on the day that the US’ additional 10% tariffs on Chinese goods took effect.
“The unilateral imposition of tariffs by the US side seriously violates the rules of the World Trade Organization (WTO) and is not only not conducive to solving its own problems, but also undermines the normal economic and trade cooperation between China and the United States,” it said in a statement on Tuesday.
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