According to data by China's General Administration of Customs compiled by Reuters, Chinese crude oil imports increased to 8.48 million bpd in July from 8.36 million bpd in June and from 8.18 million bpd in July past year.
In July, the Chinese trade surplus with the USA dropped three percent, reports South China Morning Post.
China, however, would run out of US imports to levy, as it bought only $130 billion worth of American goods a year ago.
A list published by the U.S. Trade Representative's office indicated 279 import product lines for tariffs. For instance, the major complaint is about the theft of United States intellectual property by Chinese firms. However, analysts still expect a less favourable trade balance for China in coming months given it's early days in the tariff brawl.More news: James Gunn's Script Will Be Used For Guardians Of The Galaxy 3
However, the United States imports far more from China than it exports to it, meaning Beijing may at some point need to look for other means of retaliation.
After a strong start to the year, growth in the world's second-largest economy cooled slightly in the second quarter, partly hit by the government's years-long efforts to tackle debt risks.
Exports rose 5 percent year on year while imports grew 12.9 percent, resulting in a trade surplus of 1.06 trillion yuan, which narrowed by 30.6 percent, according to the General Administration of Customs.
May 19: After a meeting, the two countriesannounce the outline of a trade dealto avoid the tariffs.
The new tariffs on US goods will be 25 percent.More news: AMD Ryzen Threadripper 2990WX 53% Faster Than The Intel Core i9-7980XE
For January-July, the surplus with the US rose to $161.63 billion, compared with about $142.75 billion in the same period a year ago.
According to the Chinese Ministry of Commerce, the measure will come into effect on August 23, the same day as America's latest levies. China's exports to the USA fell by 2.5 percent to $41.5 billion month-on-month, while imports of United States goods plunged 1.5 percent to $13.4 billion, according to data from General Administration of Customs on Wednesday, as quoted by the media.
China's headline numbers are the first readings of the overall trade picture for the world's second-largest economy since United States duties on $34 billion of Chinese imports came into effect on July 6.
USA president Donald Trump has threatened to target all $500bn of Chinese imports.More news: Samuel L. Jackson, Cobie Smulders Join Spider-Man: Far From Home Cast