🇨🇳🇺🇸 China to impose 10-15% tariffs on US oil, agricultural equipment, coal, and LNG.
China, one of the United States largest trading partners and the second-largest economy in the world, has imposed a retaliatory tariff on the United States.
China Imposes Tariff On US
As per reports, the led Chinese Communist Party or CCP, China's ruling party, has imposed a flat 15 per cent tariff on Liquified Natural Gas (LNG) and coal from the United States.
This comes after the United States imposed tariffs of 10 per cent on imports from China.
These tariffs kick from today, Tuesday,
February 4.