Text taken from an article published in kommersant.ru
Commentary by Russian military journalist Boris Rozhin is in italics.
[ColonelCassad] China did not hesitate, picked up the gauntlet and imposed tariffs on American energy products. The trade war began.
China imposes duties on US coal, oil, LNG in response to Trump
China has announced a 10% tariff on oil, large cars, pickup trucks, and agricultural machinery from the United States. According to the decision of the State Council, American coal and LNG will be subject to 15% duties. This decision was made in response to the 10% tariffs on goods from China that came into effect today, February 4, by the United States. They will come into effect on Monday, February 10.
The retaliatory measures were announced by the Tariff and Classification Committee under the State Council of the People's Republic of China. Its press release said that the unilateral imposition of tariffs by the United States seriously violates the rules of the World Trade Organization (WTO), and also hinders "normal economic and trade cooperation between China and the United States." China has also filed a lawsuit in the WTO.
The stronger the trade war between the US and China, the better for us.
The price of LNG will most likely increase. P.S. China has also launched an antitrust investigation against Google.