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China retaliates with 34% tariff on US goods, targets American firms and rare earth exports

Invezz Friday, 4 April 2025 ()
China retaliates with 34% tariff on US goods, targets American firms and rare earth exportsChina announced a 34% tariff on American imports, mirroring US President Donald Trump’s latest duties on Chinese goods announced earlier this week. The tariffs are scheduled to take effect on April 10. The Ministry of Commerce issued a statement Thursday morning condemning Washington’s decision and framing the move as a threat to the stability of […]
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Video Credit: Oneindia - Published
News video: ‘China Panicked, Played Wrong': Trump's First Reaction Viral After China Slaps USA with 34% Tariff

‘China Panicked, Played Wrong': Trump's First Reaction Viral After China Slaps USA with 34% Tariff 04:26

The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials...

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