China imposes retaliatory tariffs on $14bn worth of US goods as trade war escalates

Minutes after the US imposed 10% tariffs on Chinese imports last week, Beijing responded by launching an antitrust investigation into Google. China’s finance ministry also announced new tariffs on American goods including a 15% levy on coal and liquefied natural gas and a 10% tariff on crude oil, farm equipment, large-displacement vehicles and pickup trucks.

China imposes retaliatory tariffs on $14bn worth of US goods as trade war escalates
Minutes after the US imposed 10% tariffs on Chinese imports last week, Beijing responded by launching an antitrust investigation into Google. China’s finance ministry also announced new tariffs on American goods including a 15% levy on coal and liquefied natural gas and a 10% tariff on crude oil, farm equipment, large-displacement vehicles and pickup trucks.