China Retaliates Against US with Tariffs: 15% on Coal and LNG, 10% on Crude Oil (Update)

Chinese Government: "U.S. Unilateral Tariff Imposition
Serious Violation of WTO Rules... Hindering U.S.-China Cooperation"

As soon as the United States implemented an additional 10% tariff policy against China, China announced retaliatory measures imposing tariffs of 10-15% on certain American products.

According to foreign media such as Bloomberg and SCMP on the 3rd, the State Administration for Market Regulation of China stated in a statement released on the 4th that it would impose a 15% tariff on U.S. coal and liquefied natural gas (LNG), and a 10% tariff on crude oil and agricultural machinery.

In the statement, the Chinese government criticized, "The U.S.'s unilateral imposition of tariffs is a serious violation of World Trade Organization (WTO) rules," adding, "This not only fails to help resolve the U.S.'s issues but also hinders normal economic and trade cooperation between the U.S. and China."

China's move was announced immediately after the U.S. tariffs took effect. This contrasts with the situation of Mexico and Canada, which received a 25% tariff exemption for one month after reaching a separate agreement with the U.S.

Meanwhile, China also plans to control exports of strategic mineral materials such as tungsten.

This content was produced with the assistance of AI translation services.