China to Impose Retaliatory Tariffs on US Energy Products and Vehicles

China to Impose Retaliatory Tariffs on US Energy Products and Vehicles

Starting Monday, China will implement retaliatory tariffs ranging from 10% to 15% on selected U.S. energy products and vehicles.

 This new set of duties targets significant imports, including coal, liquefied natural gas, crude oil, farm equipment, and large-engine vehicles.

In addition to these tariffs, China has also introduced export controls on critical minerals and placed certain American companies on an "unreliable entities" list.