China enacts counter tariffs on numerous U.S. products

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China enacts counter tariffs on numerous U.S. products

White House touts concessions after tariff threats

White House touts concessions gained from Mexico and Canada after tariff threats

01:36

China’s Ministry of Commerce announced Tuesday it was implementing counter tariffs against the U.S. on multiple products and announced other trade-related measures, including an investigation into

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The government said it would implement 15% tariff on coal and liquified natural gas products, as well as a 10% tariff on crude oil, agricultural machinery and large-displacement cars.

“The U.S.’s unilateral tariff increase seriously violates the rules of the World Trade Organization,” the statement said. “It is not only unhelpful in solving its own problems, but also damages normal economic and trade cooperation between China and the U.S.”

The 10% tariff that President Trump ordered on China was set to go into effect Tuesday, though he planned to talk with ******** President Xi Jinping in the next few days.

China’s State Administration for Market Regulation on Tuesday said it is investigating

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on suspicion of violating antitrust laws. While the announcement didn’t specifically mention any tariffs, the announcement came just minutes after Trump’s 10% tariffs were to take effect.

Mr. Trump paused his plans Monday to implement steep tariffs on imports from Mexico and Canada for at least a month after talks with the leaders of both countries.

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