China retaliates with tariffs on US goods after Trump’s move

China has announced tariffs of 15 percent on US coal and liquefied natural gas, along with 10 percent tariffs on crude oil, agricultural machinery, large vehicles, and pick-up trucks in retaliation for US levies. The move was in response to the US’s unilateral tariff hike, violating WTO rules. President Trump’s threat of tariffs on Mexico and Canada was suspended for 30 days, while China’s tariffs are seen as a calculated response with room for negotiation to prevent further escalation in trade tensions.

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