China Slaps Retaliatory Tariffs on U.S. Crude and LNG ...Middle East

OILPRICE - Economy
China Slaps Retaliatory Tariffs on U.S. Crude and LNG
source : OILPRICE ( Middle East ) () 59
China has struck back at Trump’s latest tariffs on Chinese imports into the United States, announcing today a 15% levy on imports of U.S. liquefied natural gas and coal, and a 10% tariff on crude oil. Beijing also introduced export limits on more critical minerals, including tungsten, molybdenum, tellurium, ruthenium, and ruthenium-related elements in a bid to “safeguard national security interests,” Reuters reported. Tariffs will be introduced on farm equipment imports from the United States as well as some cars. “The trade…

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