China responded to U.S. President Donald Trump’s tariffs by implementing a 15 percent tariff on coal and liquefied natural gas products. The Associated Press says China will also impose a ten percent tariff on crude oil, agricultural machinery, and large-engine cars imported from the U.S. Both the 15 and ten percent tariffs will go into effect on Monday. “The unilateral tariff increase by the U.S. seriously violates the rules of the World Trade Organization,” the Chinese State Council Tariff Commission said in a statement. ‘It is not only unhelpful in solving its own problems but also damages normal economic and trade cooperation between the U.S. and China.” Some experts believe the limited reply of a 10 percent duty to President Trump’s tariffs is an attempt by China’s policymakers to engage the U.S. President in talks to avert an outright trade war between the world’s two largest economies.
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