China hits back with tariffs on US goods after Trump imposes new levies

https://www.reuters.com/world/us-tariffs-chinese-imports-take-effect-after-trump-reprieves-canada-mexico-2025-02-04/

Summary

  • Additional 10% tariff comes into effect on all China exports to US

  • Beijing slaps 15% levy on U.S. LNG, coal; 10% on crude, farm equipment

  • China starts anti-monopoly investigation into Google, imposes controls on rare earth exports

  • China's new tariffs on the targeted U.S. exports will start on Feb. 10

99 points · 7 comments · view on lemmy.world

7 Comments

madjo@feddit.nl · 24 pts · 1y (3 replies)

1..2..3..4.. I declare a trade war!

Aurenkin@sh.itjust.works · 22 pts · 1y (2 replies)

5..6..7..8.. this idea is not so great!

Limitless_screaming@kbin.earth · 14 pts · 1y (1 reply)

9..10..11..12 We cannot restock these shelves!

burkybang@lemmy.world · 4 pts · 1y

13..14..15..16.. Goods are stuck and stocks turn mean!

Anarch157a@lemmy.dbzer0.com · 7 pts · 1y (1 reply)

How long before the CCP nationalizes Teslas' factories in China ?

Corkyskog@sh.itjust.works · 2 pts · 1y

They won't do that until they know where they stand in this. Currently, a month from now US biggest trading partners might end up being hit with 25% tariffs.

boredtortoise@lemm.ee · 2 pts · 1y

This back to back with Trump and the rest is some old-timey mob money laundering scheme