In a swift response to President Donald Trump’s latest trade measures, China has imposed a 34% tariff on all imports from the United States. The move comes just hours after Trump announced the same tariff rate against Beijing as part of his reciprocal tariff plan.
According to The Wall Street Journal, China’s new tariffs will take effect on April 10 and will target a wide range of American goods. This latest trade action intensifies the ongoing economic confrontation between the two global superpowers.
China Condemns US Tariffs, Calls for Fair Trade
The Chinese Ministry of Commerce confirmed the tariff imposition on Friday, stating that it mirrors Trump’s latest duty hike on Chinese imports. Foreign Ministry spokesperson Guo Jiakun voiced Beijing’s concerns at a press briefing in the capital, condemning the US government’s move.
Guo criticized the US for levying tariffs on multiple countries, including China, under the guise of trade reciprocity. He argued that such actions severely violate World Trade Organization (WTO) regulations and threaten the stability of the global multilateral trading system.
Growing Fears of a Trade War
With tensions escalating, experts warn that these tit-for-tat tariffs could push the world toward a full-blown trade war. As both countries refuse to back down, industries reliant on global trade could suffer heavy economic losses.
Meanwhile, businesses and investors remain on high alert, closely monitoring further developments between Washington and Beijing. If the situation worsens, global markets could experience heightened volatility.
For more on US-China trade relations, check out our article on The Economic Impact of US Tariffs.
For an in-depth analysis, visit The Wall Street Journal’s report.
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