China counters Trump tariffs with taxes on US goods

China is imposing tariffs on U.S. goods following President Trump's decision to enact a 10% tariff on imported Chinese products.

China is imposing tariffs on U.S. goods following President Trump's decision to enact a 10% tariff on imported Chinese products.

Canada, Mexico, and China are America's biggest trading partners, and now China is countering with *** tax on US imports, likely raising the prices for consumers. The impending trade war costs paid by consumers through higher prices of items shipped to the US from China will include things like cell phones, computers, electric and industrial equipment, toys, clothes, car parts. And more Trump enacted *** 10% tariff on Chinese imports, and China slapped back with *** 15% tax on US products like coal and natural gas and 10% on oil, cars, and machinery. Meanwhile, Trump pulled back on larger 25% tariffs on Canada and Mexico after both countries promised to commit their own resources to satisfy demands on border security. Drug trafficking. I'm glad that this has been pushed off for at least 30 days, but the president is playing *** game of brinksmanship with the well-being of the American people. If we don't keep winning and keep doing well, we won't be the pot of gold, and then tariffs won't be so good for us. But when you're the pot of gold, the tariffs are, uh, the tariffs are very good, they're very powerful. And they're going to make our country very rich again. China's tariffs are set to take effect on Monday, although Trump has said he will talk to the Chinese president before then. At the White House, I'm Amy Lou.

China counters Trump tariffs with taxes on US goods

China is imposing tariffs on U.S. goods following President Trump's decision to enact a 10% tariff on imported Chinese products.

China announced new tariffs on U.S. goods in response to President Donald Trump's 10% tax on imported Chinese products.The new tariffs include a 15% tax on U.S. products, such as coal and natural gas, and a 10% tax on oil, cars and machinery. In addition to the tariffs, China announced plans to investigate Google for suspected antitrust violations, despite the company being mostly blocked in the country.Additionally, there are sanctions on critical minerals and American clothing and biotechnical companies.The taxes are set to take effect on Monday. Trump says he plans to speak with Chinese President Xi Jinping before then.The move comes after Trump enacted a 10% tariff on Chinese imports, likely driving up prices for things like cell phones, computers, electric and industrial equipment, toys, clothes, car parts and more."If we don't keep winning and keep doing well, we won't be a pot of gold and then tariffs won't be so good for us," Trump said at the White House Monday. "But when you're the pot of gold, the tariffs are very good. They're very powerful and they're going to make our country very rich again."Meanwhile, Trump delayed enacting larger 25% tariffs on Canada and Mexico after both countries allocated resources to address demands on border security and drug trafficking. Canada has agreed to name a fentanyl czar, list Mexican cartels as terrorist groups and launch a joint force with the U.S. to combat organized crime related to drugs and money laundering.Similarly, Mexico's president has promised to reinforce the shared border with the U.S. by deploying 10,000 Mexican National Guard members to curb the flow of fentanyl and migrants.The pause on tariffs for both countries is expected to last 30 days.

WASHINGTON —

China announced new tariffs on U.S. goods in response to President Donald Trump's 10% tax on imported Chinese products.

The new tariffs include a 15% tax on U.S. products, such as coal and natural gas, and a 10% tax on oil, cars and machinery.

In addition to the tariffs, China announced plans to investigate Google for suspected antitrust violations, despite the company being mostly blocked in the country.

Additionally, there are sanctions on critical minerals and American clothing and biotechnical companies.

The taxes are set to take effect on Monday. Trump says he plans to speak with Chinese President Xi Jinping before then.

The move comes after Trump enacted a 10% tariff on Chinese imports, likely driving up prices for things like cell phones, computers, electric and industrial equipment, toys, clothes, car parts and more.

"If we don't keep winning and keep doing well, we won't be a pot of gold and then tariffs won't be so good for us," Trump said at the White House Monday. "But when you're the pot of gold, the tariffs are very good. They're very powerful and they're going to make our country very rich again."

Meanwhile, Trump delayed enacting larger 25% tariffs on and after both countries allocated resources to address demands on border security and drug trafficking.

Canada has agreed to name a fentanyl czar, list Mexican cartels as terrorist groups and launch a joint force with the U.S. to combat organized crime related to drugs and money laundering.

Similarly, Mexico's president has promised to reinforce the shared border with the U.S. by deploying 10,000 Mexican National Guard members to curb the flow of fentanyl and migrants.

The pause on tariffs for both countries is expected to last 30 days.

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