China tariff retaliation focuses on its limited energy imports from the US

Mexico and Canada as they acted to appease his concerns about border security and drug trafficking. Trump planned to talk with Chinese President Xi Jinping in the next few days.

This isn’t the first round of tit-for-tat actions between the two countries. China and the U.S. had engaged in a trade war in 2018 when Trump raised tariffs on Chinese goods and China responded in kind.

Trump had been planning to hit America’s three largest trading partners, Canada, Mexico and China, with tariffs of varying degrees. But after days of frantic negotiations, Mr. Trump agreed to pause the tariffs on Mexico and Canada for 30 days after the Canadian and Mexican governments promised to step up their oversight of fentanyl and the border.

On Monday, Mr. Trump said he planned to speak with the Chinese leader Xi Jinping within the next 24 hours, but it was not clear exactly when the phone call would take place. Before there was any word of a call, the Chinese authorities rolled out the measures aimed at punishing American companies.

China's retaliatory measures against US tariffs on Chinese goods have included imposing additional duties on American crude oil and liquefied natural gas (LNG). These tariffs are emblematic of China's strategic approach to leverage its economic tools while minimizing impact on domestic consumers. By targeting specific commodities like LNG, which are less critical than other imports, China signals its willingness to absorb some economic costs while maintaining pressure on the US . Furthermore, this tactic underscores China's efforts to diversify its energy sources and reduce vulnerability to external shocks.

In conclusion, China's tariff retaliation focusing on limited energy imports from the US reflects a calculated response within the broader context of trade tensions. The selective imposition of tariffs highlights China's capability to navigate challenges posed by international relations while simultaneously pursuing long-term goals in energy security. As both nations continue their negotiations and adjustments in policy stances, these dynamics will likely play a crucial role in shaping future bilateral relations and global market trends.

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Sarah H

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