China is the world's top energy importer but its purchases from the United States are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S.

China has unveiled a host of tariffs on key US imports including liquefied natural gas and crude oil, in response to tariffs imposed by President Donald Trump’s administration. Additional tariffs of 10% will be imposed on crude oil, farming equipment and machinery, passenger vehicles, trucks and trailers imported from the US.

President Donald Trump made good on his promise to impose steep tariffs on America’s three largest trading partners — Canada, China and Mexico — citing a national emergency on the flow of fentanyl and undocumented immigrants into the United States.