Trump made these announcement on social media, stating that the decision to raise tariffs on China was due to the lack of respect China has shown to the world’s markets. He mentioned that China’s actions of “ripping off” the US and other countries will no longer be accepted.
Tag: Trade War
China responds to US tariffs with new trade measures and Google probe
China is the world’s largest importer of liquefied natural gas, with its top suppliers being Australia, Qatar and Malaysia. The US, which is the biggest exporter of LNG globally, does not significantly export LNG to China.