China imposes 15% tariffs on U.S. coal and LNG as trade war with Trump heats up
China's government announced tariffs on U.S. imports including coal and liquefied natural gas in retaliation for Trump administration measures targeting its products.
The big picture: China's finance ministry announced the measures in response to 10% tariffs on Chinese products imposed by President Trump's administration, which took effect Tuesday.
- The announcement comes after the Trump administration said it would suspend for 30 days plans to impose tariffs on Canada and Mexico after striking border security deals with the nations on Monday.
Driving the news: China's government would impose 15% tariffs on U.S. coal and LNG from this coming Monday, per a finance ministry statement.
- U.S. crude oil, agricultural machinery, large-displacement cars and pickup trucks would face 10% tariffs.
What we're watching: The U.S. Chamber of Commerce has said tariffs "will only raise prices for American families and upend supply chains."
Meanwhile, China's said Trump's action "seriously violates the rules of the World Trade Organization" and it announced plans Sunday to file a legal complaint with the WTO.
Yes, but: The WTO's dispute system has been hampered since 2019 when the first Trump administration blocked the appointment of judges.
Worth noting: Many of Chinese goods already faced import taxes held over from Trump's first term, per Axios' Courtenay Brown.
Go deeper: U.S. strikes deals to pause Mexico, Canada tariffs for 30 days
Editor's note: This article has been updated with new details throughout.