04.04.2025 13:51
China announced that it will impose an additional tariff on the United States at the same rate of 34% in response to the increase in customs duties on products imported from China under the "reciprocal tariffs" framework.
U.S. President Donald Trump announced that starting tomorrow, his country will impose reciprocal tariffs on other countries, with the basic tariff rate exceeding 10%, taking into account customs duties and "non-monetary barriers to trade and forms of fraud" that vary by country. In this context, it was reported that an additional 34% customs duty would be imposed on China, consisting of a 10% base tariff plus an additional 24% "reciprocal tariff."
RETALIATION FROM CHINA TO THE U.S.
Following the decision, a swift response came from China. China announced that it would impose an additional tariff on the U.S. at the same rate in response to the 34% increase in customs duties on products imported from China under the "reciprocal tariffs." The country will apply a 34% tariff on U.S. goods starting from April 10. The relevant announcement was made by the official Xinhua news agency.
Details are coming...