China Hits Back Against Trump’s Tariffs With Targeted Actions

  • Moves include 10-15% levies on US energy, agricultural tools
  • Measures targeting firms seen as ‘warning shot’ to America
WATCH: China announced tariffs on a range of US products moments after President Donald Trump imposed a 10% tariff on goods from Beijing. China hit US coal and liquefied natural gas exports with a 15% levy, and targeted its oil and agricultural equipment with a 10% fee. Bloomberg’s Minmin Low reports.Source: Bloomberg
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China retaliated to Donald Trump’s opening trade war tariffs by targeting a handful of American companies and slapping levies on some US goods, in a move seemingly designed to avoid escalating tensions between the world’s biggest economies.