China to Levy Tax on Some Commodities Imported From US
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(Bloomberg) --
China will impose tariffs on some products imported from the US including oil and liquefied natural gas.
The country will impose a 10% tariff on oil and agriculture machinery, as well as 15% on coal and LNG, the Finance Ministry said in a statement on Tuesday. The move is in retaliation to US measures against China.
©2025 Bloomberg L.P.
By Stephen Stapczynski
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