China to increase tariffs on US LNG to 25%

China has said it will assess a 25% tariff on US LNG imports from the 1 June, from the current rate of 10% introduced last September.

Trump threats to raise China tariffs 'negative across the board' for shipping

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That move comes in retaliation for a US increase on Friday of tariffs on $200bn in Chinese goods to 25% from 10%.