China to impose 34% retaliatory tariff on all goods imported from the U.S.
- China will impose a reciprocal 34% tariff on all imports from the United States starting April 10.
- China stated that this action violates WTO rules and undermines multilateral trade systems.
- China expressed its intention to defend its legitimate rights and interests against these tariffs.
- The country indicated that there may be a phased retaliation, reserving stronger actions for potential escalation.
436 Articles
436 Articles
China retaliates to Trump’s tariffs
World shares slid further and US futures also fell Friday as investors counted the potential costs of US President Donald Trump’s latest set of tariffs, even as China retaliated by announcing a 34 percent tariff on imports of all US products and other retaliatory moves. Major US indexes, which had already plunged sharply before Friday’s opening bell, doubled their losses after the announcement from China. The Dow Jones fell 1,200 points, almost…
Commercial war: China is responding and will impose 34 per cent customs duties on the United States
Barely 24 hours after Donald Trump's statements, Beijing announced this Friday, April 4, that China will also impose 34% of tariffs on American products imported into its territory, starting on April 10.
“They panicked”: Trump’s response to China for U.S. tariffs – The Third
Beijing's early announcement this Friday that it will impose additional tariffs of 34% on all U.S. products as of April 10, escalating the so-called trade war, plummeted markets, stocks, and stock indices, and oil prices fell to pandemic lows.The collapse was total.And in this regard, U.S. President Donald Trump published two statements this morning, on his Social Truth network.
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