China is set to impose retaliatory tariffs ranging from 10% to 15% on selected U.S. energy products and vehicles starting Monday, escalating trade tensions between the two economic giants.
The new duties will target key imports, including coal, liquefied natural gas, crude oil, farm equipment, and large-engine vehicles, potentially impacting U.S. exporters and raising costs for Chinese industries dependent on these resources.
In addition to the tariffs, China has tightened export controls on critical minerals essential for high-tech manufacturing, such as rare earth elements and semiconductor materials. Furthermore, Beijing has placed several American companies on its “unreliable entities” list, restricting their operations within the country.
This move comes in response to recent U.S. trade policies and sanctions against Chinese firms, further straining economic relations and adding uncertainty to global supply chains.
