Now Reading: China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10, Escalating Ongoing Trade War
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China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10, Escalating Ongoing Trade War
China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10, Escalating Ongoing Trade War
In what appears to be a direct response to fresh U.S. tariffs, the Chinese government has announced its intention to impose a sweeping 34% additional tariff on all imports from the United States, effective April 10. This move significantly intensifies the ongoing trade conflict between the two global superpowers.
The announcement follows the introduction of what President Donald Trump termed “Liberation Day” tariffs — a set of new duties aimed at curbing China’s dominance in global manufacturing and reasserting U.S. economic strength. China has labeled the U.S. measures as unjust and economically provocative.
China’s retaliatory tariffs will affect a wide array of goods including agricultural products, machinery, technology devices, and automobiles. In addition, Beijing is expanding its export controls on critical rare earth materials, which are vital for manufacturing smartphones, electric vehicles, and military equipment.
Chinese authorities stated that the decision is aimed at protecting national economic interests and ensuring compliance with international trade and security standards. Analysts fear that this tit-for-tat tariff escalation could have far-reaching consequences on global supply chains, consumer prices, and international diplomatic relations.
