Moments after President Donald Trump’s 10 percent tariffs on China took effect, Beijing retaliated by announcing a 15 percent tax on U.S. coal and liquefied natural gas and a 10 percent tax on crude oil, farm equipment, and some vehicles.
The tariffs on U.S. exports will take effect on February 10. Trump imposed the across-the-board tariffs on Chinese goods to punish Xi Jinping for not helping to stop the flow of fentanyl into the U.S.
“China hopefully is going to stop sending...
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