Thursday, February 6th, 2025

China announced retaliation on the US, to impose 15 PC tariffs on coal, LNG; 10 pcs on crude oil




After announcing 10 percent tariff on all Chinese goods exported by the US government to the US, China on Tuesday imposed additional tariffs on various American goods, including 15 percent tariffs on coal and liquidized natural gas and 10 percent tariff on crude Are. The oil begins on 10 February.

China’s Finance Ministry further stated that Tariff would be implemented under Chinese laws and international trade principles.

In a statement, the ministry said, “On February 1, 2025, the US government announced that it would impose 10 percent tariffs on all Chinese goods exported to the US based on Fentanel and other issues. The US unilateral tariffs seriously violate the rules of the World Trade Organization. It is not only unexpected in solving its problems, but also reduces general economic and trade cooperation between China and the US. ,

“According to the Customs Act of People’s Republic of China, Customs of People’s Republic of China, the People’s Republic of China of China and other laws and other laws and regulations and basic principles of regulations and international law, and with the Foreign Trade Act, and with the State Council, and the State Council Approval, additional tariffs will be imposed on some imported goods arising from the United States starting from February 10, 2025.

China further stated that 15 percent tariffs will be imposed on coal and liquefied natural gas. Crude oil, agricultural machinery, large-immunity cars and pickup trucks will be imposed 10 percent tariffs.

“For imported goods listed in the appendix generated from the United States, the same tariff will be imposed on the basis of tariff rates applied. The Finance Ministry said that the current bond and tax reduction and exemption policies remain unchanged, and additional tariffs will not be reduced or exempted.

US President Donald Trump imposed 10 percent tariffs on goods from China, citing concerns over the smuggling of drugs including illegal immigration and fantenal, China’s decision comes.

Earlier on 2 February, China’s Commerce and Finance Ministries condemned Trump’s decision to impose tariffs and said that the country would challenge the decision before the World Trade Organization and take the unspecmned “counterants”. The Ministry of Commerce said that the tariff urges “the international trade rules seriously violates”, the US to “attach to Frank Dialogue and strengthen cooperation”.



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