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China hits back at Trump with 15% tariffs on U.S. coal and LNG — Axios (www.axios.com)

submitted 13 hours ago by [email protected] to c/[email protected]

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China's finance ministry announced the measures in response to 10% tariffs on Chinese products imposed by President Trump's administration, which took effect Tuesday.

China's government would impose 15% tariffs on U.S. coal and LNG starting this coming Monday, per a finance ministry statement.U.S. crude oil, agricultural machinery, large-displacement cars and pickup trucks would face 10% tariffs.

The U.S. Chamber of Commerce has said tariffs "will only raise prices for American families and upend supply chains."China's government said Trump's action "seriously violates the rules of the World Trade Organization" and it's announced plans to file a legal complaint with the WTO.

The WTO's dispute system has been hampered since 2019 when the first Trump administration blocked the appointment of judges.

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[–] [email protected] 21 points 12 hours ago (1 children)

i wish that the article spent some time explaining what the impacts are since china gets so much of coal and lng internally.

[–] [email protected] 8 points 11 hours ago

good call. reuters is providing a bit of that:

China's total LNG imports have been averaging around 6.5 million tons a month recently, meaning the U.S. is supplying in a range between 4% and 12% of the total.

Official customs data showed China's total coal imports averaged 45.2 million tons per month in 2024, making the U.S. little more than a fringe supplier.

https://www.reuters.com/business/energy/china-kills-energy-trade-with-us-initial-impact-is-limited-russell-2025-02-04/