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China to Levy Tax on Some Commodities Imported From US

Bahamian LNN Tanker Oak Spirit, seen docked to LNG Terminal "Gazoport" in Swinoujscie operated by Polskie LNG. The ship delivered the first LNG delivery as part of a long term contract between PGNIG and Cheniere Energy Inc on Thursday 07.22.2019 Photographer Bartek Sadowski/ Bloomberg (Bartek Sadowski/Bloomberg)

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China will impose tariffs on some products imported from the US including oil and liquefied natural gas.

The country will impose a 10% tariff on oil and agriculture machinery, as well as 15% on coal and LNG, the Finance Ministry said in a statement on Tuesday. The move is in retaliation to US measures against China.

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