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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] 18 points 10 hours ago

China is committed to using renewable and clean energy for everything. Putting tariffs on the dirty energy sources, not only are they sticking the USA in the gut, they’re also accelerating the switch-over to clean energy by making dirty energy sources expensive. I think this is an absolute win for China.