China is set to impose a 15% tariff on imports of coal and liquefied natural gas (LNG) from the United States in response to trade measures enacted by the Trump administration.
The move, announced by Beijing, is part of a broader retaliation amid the intensifying trade conflict between the world’s two largest economies, reports Bloomberg.
The tariff, which will affect American energy exports, signals China’s strategic countermeasure against US trade policies that have targeted Chinese goods with increased duties.
Energy analysts suggest that the imposition of these tariffs could disrupt trade flows and impact pricing dynamics in global coal and LNG markets.
This latest development underscores the deepening rift between Washington and Beijing, as both nations continue to levy tariffs on each other’s exports in a tit-for-tat escalation that has rattled global markets.
