Five ways China is hitting back against US tariffs

China has set out a series of measures to kick in next week after the US introduced 10% tariffs on imports from the country.
British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersFive ways China is hitting back against US tariffs1 day agoMichael RaceBusiness reporter, BBC NewsGetty ImagesThe trade war between the world's two biggest economies has escalated after China hit back against the introduction of tariffs by the US with measures of its own.
Beijing has set out to target specific American goods with retaliatory taxes, among other measures, following the blanket 10% tariff introduced by President Donald Trump on all Chinese imports to the US.
In some ways, this latest tit-for-tat is nothing new and builds on the long-running trade dispute between the nations, with tariffs having already been imposed and threatened on various goods since 2018.
Trump has said he plans to speak to Chinese President Xi Jinping, so a deal could yet be struck. But if China proceeds with its response on 10 February as planned, what could the impact be?
Part of China's countermeasures to Trump's tariffs is to announce import taxes of its own on US coal and liquefied natural gas (LNG) of 10%, and a 15% charge on crude oil.
https://www.bbc.com/news/articles/czj31l4p7vzo
Rating: 5