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China to impose retaliatory tariffs on coal, LNG imports from US

China to impose retaliatory tariffs on coal, LNG imports from US

Beijing, 4 February 2025 (dpa/MIA) - China will introduce tariffs of 15% on imports of liquefied natural gas (LNG) products and coal from the United States in response to US tariffs, the Ministry of Finance in Beijing announced on Tuesday.

A 10% tariff will also be applied to oil and agricultural machinery imported from the US, in measures set to come into force on February 10.

In addition, Beijing announced an antitrust investigation into US technology giant Google.

US tariffs of 10% on all Chinese imports were due to take effect shortly after midnight on Tuesday Washington time (0500 GMT), after US President Donald Trump ordered the measures on Saturday.

US tariffs on goods from Canada and Mexico, also announced by Trump on Saturday, were suspended for a month shortly before they were due to kick in following agreements between the US and its two neighbours. There was initially no such agreement with China.

On Monday, Trump did say that talks with the Chinese side would take place within 24 hours.

Trump won November's presidential election promising to slap high tariffs on foreign goods. He previously implemented a number of duties during his first term from 2017 to 2021.

Photo: MIA archive

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