Markets Insider | China hits US oil products, LPG with new tariffs but backs off crude for now S&P Global Platts London — China announced Wednesday retaliatory tariffs on an additional $16 billion worth of US imports, including oil products, LPG and coal in a new list of affected goods but leaving off widely-expected import duties on US crude. Oil Prices Slide As China Imposes 25% Tariff On US Oil Crude slides after China announces tariff on US oil products |