China is not taking the Trump administration’s tariffs sitting down.
On Tuesday, shortly after the 10% tariffs took effect just past midnight on the U.S. East Coast, Beijing announced a raft of countermeasures.
Those include 15% tariffs on American coal and liquefied natural gas and 10% tariffs on crude oil, farm equipment and certain other vehicles. The Chinese counter-tariffs are slated to take effect on Feb. 10.
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