China retaliates against US, intensifying trade war

China imposed 15% tariffs on US coal in retaliation for Donald Trump's tariffs on Chinese products. (Image: Bloomberg)

Wed, 05 Feb 2025

By Liza Lin and Raffaele HuangChina unleashed a burst of retaliatory measures in response to US President Donald Trump’s tariff increase, resuming a long-simmering trade war between the world’s two largest economies and sparking fears of a wider conflagration.In a coordinated action Tuesday, several Chinese government bodies announced actions targeting US goods and companies: at 1.02pm local time, one minute after the US formally increased tariffs on imports of all Chinese-made goods by an additional 10%.The Customs Tariff Commissio...

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