China’s Tariff Commission of the State Council has released the Announcement of CTC [2025] No.1 on 4 February 2025, announcing additional tariffs on certain US imports effective from 10 February 2025.
China’s new tariffs on US imports include a 15% tariff on coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks.
In addition, China’s Ministry of Commerce and General Administration of Customs have announced new export controls on key rare earth minerals and metals essential to the booming US tech and green energy industries. In addition to these restrictions, China has also implemented measures aimed at specific US companies.
This development follows after the US government announced it would impose a 10% tariff on all Chinese goods exported to the US on 1 February 2025.