Beijing announced tariffs on Tuesday on some American imports including crude oil, agricultural machinery and liquefied natural gas, in retaliation for the Trump administration’s imposition of 10% tariffs on Chinese imports into the United States.

Last-minute phone calls pull the North American neighbours back from the brink of a trade war, but the US is still targeting Chinese imports.

China on Tuesday said it will impose new tariffs on select U.S. imports, responding to President Trump’s latest levy on Chinese goods. U.S. coal and liquefied natural gas will be subject to a 15% tariff,