Almost exactly six years after the first trade war between the US and China, the conflict is entering its second round. After Donald Trump opened with 10 percent tariffs on all Chinese goods, the leadership in Beijing has responded. An additional 15 percent tariff will be imposed on coal and liquefied natural gas imports and 10 percent on oil and agricultural machinery from the US. The Ministry of Commerce has also introduced export controls on metals that are particularly important for the electronics industry.