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China retaliates by imposing tariffs on US goods

  • President Donald Trump has implemented new tariffs on Chinese products, leading to a retaliatory response from China.
  • China announced it would implement a 15% tariff on liquefied natural gas products and coal starting next Monday.
  • China will impose a 10% tariff on crude oil, agricultural machinery, and large-engine cars.
  • Economic analysts warn that tariffs could lead to higher prices for American consumers as importers pass the increased costs onto them.
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Bias Distribution

  • 88% of the sources are Center
88% Center
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