In a significant escalation of trade tensions between the U.S. and China, Beijing has announced plans to impose additional tariffs of 34% on all U.S. imports, set to take effect on April 10. This move comes in response to President Donald Trump’s recent announcement of similar tariffs on Chinese goods, part of his broader, aggressive trade policy aimed at addressing the U.S. trade deficit with China.
The Ministry of Commerce of the People’s Republic of China revealed the decision on Friday, labeling the U.S. tariffs as a violation of international trade norms. The ministry strongly condemned the new duties, calling them “a typical example of unilateral bullying” that “seriously damages the legitimate rights and interests of China.”
According to reports, the total levies on Chinese exports to the U.S. could now surpass 60%, once factoring in the “reciprocal” tariffs imposed by President Trump in addition to existing duties. This retaliatory move has further strained trade relations between the two largest economies in the world.
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China’s decision is part of a broader global response to President Trump’s trade policies, which have drawn widespread criticism from world leaders. Many nations, including several in Europe, have voiced their opposition, with some already imposing retaliatory tariffs. Others are preparing similar measures as the global trade landscape continues to shift under the weight of escalating tariffs.
As the U.S. and China lock horns in this ongoing trade war, the international community watches closely, concerned about the potential ripple effects on global markets and economic stability.
