China hits back with 34 percent of tarrif on USA goods

Beijing has imposed a 34% tariff on all U.S. imports starting April 10, retaliating against President Donald Trump’s sweeping tariffs on Chinese goods.

China’s State Council Tariff Commission condemned the move as a violation of international trade rules, accusing the U.S. of undermining its economic rights.

With tensions escalating, businesses and global markets brace for further disruptions as the economic rift deepens.