China Announces Tariff On American Crude Oil Imports
- 6 years ago
According to Reuters, oil prices slumped after China announced a tariff on American crude oil.
China's Ministry of Commerce announced another round of tariffs levied against American imports in response to the latest tariffs from Washington.
The Trump administration announced another round of tariffs on Chinese imports worth a total of $16 billion, which will be imposed starting August 23rd.
In reply, China has prepared a similar package of tariffs, which includes American oil.
China's Ministry of Commerce announced another round of tariffs levied against American imports in response to the latest tariffs from Washington.
The Trump administration announced another round of tariffs on Chinese imports worth a total of $16 billion, which will be imposed starting August 23rd.
In reply, China has prepared a similar package of tariffs, which includes American oil.