India, Feb. 4 -- Asian stocks gave up some early gains but still ended higher on Tuesday as China slapped tariffs on U.S. imports in a rapid response to a 10 percent trade duty imposed by the Trump administration on Chinese goods.
China's Finance Ministry said it will impose a 15 percent duty on imports of coal and liquefied natural gas from the U.S.
In addition, there will be 10 percent additional duty on imports from the U.S. of crude oil, agricultural equipment and automobiles from February 10.
China's Commerce Ministry also imposed export controls on tungsten, tellurium, molybdenum, bismuth, and indium to protect national security interests. China is a top producer of rare earths and exotic materials.
Calvin Klein owner PVH Corp. an...