{"id":306269,"date":"2025-04-05T05:18:25","date_gmt":"2025-04-05T05:18:25","guid":{"rendered":"https:\/\/www.thetruthseeker.co.uk\/?p=306269"},"modified":"2025-04-06T08:49:25","modified_gmt":"2025-04-06T08:49:25","slug":"china-hits-back-at-trump-with-34-tariff-on-u-s-imports","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=306269","title":{"rendered":"China hits back at Trump with 34% tariff on U.S. imports"},"content":{"rendered":"

Jennifer Jet and Peter Guo \u2013 April4, 2025<\/strong><\/h1>\n

China<\/a> announced a 34% tariff on all products imported from the U.S. on Friday, escalating the trade war between the world\u2019s two biggest economies.<\/p>\n

The move came two days after President Donald Trump<\/a> imposed the same tariff on all Chinese imports<\/a> as part of what he called reciprocal tariffs on a long list of U.S. trade partners<\/a><\/p>\n

Combined with 20% in other levies that Trump has imposed on Chinese goods since returning to office in January, the total U.S. tariff on some Chinese goods is at least 54%<\/a>.<\/p>\n

Announcing the new tariffs at a White House event<\/a> on Wednesday, Trump singled out China as one of the \u201cnations that treat us badly.\u201d The U.S. has a higher trade deficit with China than with any other country, reaching $295.4 billion last year.<\/p>\n

China, one of the U.S.\u2019s largest trading partners, urged the Trump administration to immediately cancel the tariffs and \u201cresolve trade disputes through consultations in a manner of equality, respect and reciprocity.\u201d<\/p>\n

The latest U.S. tariff \u201cdoes not comply with international trade rules, seriously harms China\u2019s legitimate rights and interests, and is a typical act of unilateral bullying,\u201d the Chinese Ministry of Finance said in a statement Friday. \u201cIt not only damages U.S. interests but also endangers global economic development and the stability of supply chains.\u201d<\/p>\n

China\u2019s tariff on U.S. goods will take effect next Thursday, the ministry said. The new U.S. tariff on Chinese goods takes effect on Wednesday.<\/p>\n

China also took aim at the U.S. agriculture sector, announcing an immediate suspension on the import of chicken products from three U.S. companies, and the import of sorghum from C&D (USA) Inc., citing health concerns.<\/p>\n

The Chinese Commerce Ministry said it had filed a lawsuit at the World Trade Organization over the 34% tariff Trump announced Wednesday.<\/p>\n

\u201cChina has always been a staunch defender of the international economic and trade order and a firm supporter of the multilateral trading system,\u201d a ministry spokesperson said. \u201cWe urge the U.S. to immediately correct its erroneous practices and cancel the unilateral tariff measures.\u201d<\/p>\n

The ministry added 11 U.S. companies to its \u201cunreliable entities\u201d list, prohibiting them from importing from or exporting to China, and 16 companies to its export control list.<\/p>\n

In addition, the Commerce Ministry announced an anti-dumping investigation into imported medical CT X-ray tubes from the U.S. and India and new export controls on rare earths including \u00a0samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium starting Friday.<\/p>\n

U.S. stock futures and European markets fell sharply on Beijing\u2019s announcement. The news came on Friday evening in China as markets were closed for a public holiday.<\/p>\n

China\u2019s 34% tariff was much higher than expected, said Tianchen Xu, senior China economist at the Economist Intelligence Unit, a financial forecasting service.<\/p>\n

China had been relatively restrained<\/a> in its response to Trump\u2019s earlier tariffs, keeping its retaliatory tariffs limited to 10% to 15% and targeted only at certain goods.<\/p>\n

\u201cWe don\u2019t see such restraint this time,\u201d said Xu, who is based in Beijing.<\/p>\n

\u201cThis reflects changes in China\u2019s tactics \u2014 it probably wants to force Trump into negotiations,\u201d he said.<\/p>\n

Xu said China might be willing to make some concessions in exchange for tariff reductions, such as approving the sale of TikTok\u2019s U.S. operations<\/a> by its Chinese owner to avoid a U.S. ban, the deadline for which is Saturday.<\/p>\n

China’s previous responses to U.S. tariffs had also included investigations, new export controls and the inclusion of more U.S. companies on the unreliable entities list.<\/p>\n

Non-tariff measures such as restrictions on the export of rare minerals, which are key components in everything from electronics to defense systems, can have a significant impact, Xu said.<\/p>\n

\u201cIn the extreme case, the U.S. will lose access to all China-produced critical minerals, and it will struggle to find replacements,\u201d he added.<\/p>\n

The U.S. imported $438.9 billion in goods from China last year, according to the U.S. Trade Representative<\/a>, and exported $143.5 billion in goods.<\/p>\n

Source\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Combined with 20% in other levies that Trump has imposed on Chinese goods since returning to office in January, the total U.S. tariff on some Chinese goods is at least 54%.<\/p>\n","protected":false},"author":39262,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[78,66],"tags":[],"class_list":["post-306269","post","type-post","status-publish","format-standard","hentry","category-china","category-Economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/306269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=306269"}],"version-history":[{"count":1,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/306269\/revisions"}],"predecessor-version":[{"id":306270,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/306269\/revisions\/306270"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=306269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=306269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=306269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}