Listen "China Hits Back: Retaliatory Tariffs and Export Controls Target Key U.S. Industries"
Episode Synopsis
China has quickly retaliated against the newly imposed trade tariffs by the United States, announcing its own set of tariffs on various American goods just moments after the U.S. measures took effect. On Tuesday, a 10% tariff on all Chinese imports to the United States was activated, as announced by President Donald Trump. In response, China’s Ministry of Finance outlined new measures, including a 15% tariff on certain types of coal and liquefied natural gas, along with a 10% levy on crude oil, agricultural machinery, large-displacement vehicles, and pickup trucks.
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