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China Imposes Up to 15% Tariffs on Select U.S. Imports in Response to Trump’s Tariffs

  • China announced a 15% tariff on certain natural gas and coal and a 10% tariff on crude oil in response to tariffs imposed by President Donald Trump.
  • These tariffs will take effect on February 10, as stated by China's Ministry of Finance.
  • Trump's tariffs include 25% on Canadian and Mexican imports and 10% on Chinese imports, with the former on hold for a month due to negotiations.
  • Trump cited illegal immigration, drug trafficking, and the fentanyl crisis as reasons for the tariffs on Canada and Mexico.
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