Trade War Between China and U.S. Heats Up

China has enacted a series of retaliatory tariffs against the U.S., including 10-15% levies on imported American coal, crude oil, agricultural machinery, certain types of cars, and liquefied natural gas. 

The tariffs — which impact roughly $15-20 billion in American goods — were first announced on February 4 and came into effect on February 10, according to NPR, in response to the Trump administration’s 10% levies against China, which took effect after midnight on February 4 and cover an estimated $450 billion worth of Chinese imports. China also imposed export co…