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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.
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Forbes broke the news in United States on Friday, April 4, 2025.
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