Connect with us

Economics

China to levy additional tariffs of up to 15% on select U.S. imports starting Feb. 10

Published

on

Jakub Porzycki | Nurphoto | Getty Images

China’s finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S. and 10% higher duties on crude oil, farm equipment and certain cars, starting Feb. 10.

The tariffs announcement comes as the additional blanket 10% U.S. tariffs on Chinese exports came into effect on Tuesday.

China reiterated that the 10% additional tariff that U.S. President Donald Trump has levied on Chinese goods “seriously violates the rules of the World Trade Organization,” according to a CNBC translation of the statement in Chinese.

In a separate statement Tuesday, Chinese commerce ministry and customs officials announced to impose export controls on items related to tungsten, tellurium, ruthenium, molybdenum and ruthenium.

This is breaking news. Please refresh for updates.

Economics

Checks and Balance newsletter: Of God and MAGA

Published

on

Charlotte Howard, our executive editor and New York bureau chief, unpacks the blurring of church and state among Donald Trump’s circle

Continue Reading

Economics

The Hudson is now so clean that everyone can eat from it

Published

on

Battery sashimi, anyone?

Continue Reading

Economics

Pete Hegseth’s Pentagon is a lethality-maxxing wasps’ nest

Published

on

America’s armed forces are supremely capable and roiled by infighting

Continue Reading

Trending