Items Tagged with 'china'

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Escalating Sino-U.S. Trade War Ensnaring U.S. LNG

Less than 24 hours after President Trump late Monday announced tariffs on $200 billion worth of Chinese products, Beijing responded in kind with $60 billion worth of taxes on American goods, including a 10% tariff on liquefied natural gas (LNG), as the Sino-U.S. trade war continued to escalate. Read More

China Strikes Back, Slaps 25% Tariff on $16B of U.S. Goods

Despite the resumption of low-level Sino-U.S. trade talks in Washington, China on Thursday imposed a 25% tariff on a range of American-made goods valued at $16 billion, including coal and petroleum products, in retaliation for the Trump administration levying a tariff of similar size and scope on the same day. Read More