China retaliates with 34% tariff on all US imports
Starting April 10, China will impose a 34% tariff on all imports from the US, according to Xinhua News Agency. This move came after Trump unveiled what he termed reciprocal tariffs on global trade partners.
China faces a 34% tariff in the latest round of duties, in addition to the 20% tariffs imposed earlier this year, bringing the total tariffs on Chinese imports to 54%. Following April 2 announcements, China urged the US to immediately cancel its latest tariffs and pledged countermeasures to defend its interests.
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