World News

32955 readers

1191 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

109

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]

5 comments fedilink hide all child comments

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.

Archive link

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 34 points 12 hours ago

Honestly, they should leave those fossil fuel tariffs in place indefinitely. Don’t threaten me with a cleaner environment.