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Takeaways from the Key Takeaways
- China hit back on President Donald Trump's tariffs, announcing it would impose a 34% duty on all goods imported from the U.S.
- China's finance ministry on Friday said the countermeasures would take effect on April 10.
- Along with the 20% tax Trump imposed earlier in the year to combat fentanyl trafficking, China now faces a total of 54% in U.S. tariffs.
China responded to President Donald Trump’s tariffs and announced that it would impose a duty of 34% on all goods imported from America.
China's finance ministry on Friday said the countermeasures would take effect on April 10. The levy is the same as the 34% import tax that the White House announced it would impose by April 9 on Chinese products. Along with the 20% tax Trump imposed earlier in the year to combat fentanyl trafficking, China now faces a total of 54% in U.S. tariffs.
Beijing said Trump's tariffs were "inconsistent with international trade rules, seriously undermines China's legitimate rights and interests, and is a typical unilateral bullying practice."
The ministry of finance said U.S. "goods that have been shipped from the place of departure before 12:01 on April 10, 2025 and imported between 12:01 on April 10, 2025 and 24:00 on May 13, 2025 will not be subject to the additional tariffs."
According to Xinhua News Agency (state-run news agency), China also announced export restrictions on seven types rare earths. This is an expansion of the minerals that it does not want to be sold to the U.S. It also expanded its “unreliable entity list” by 11 American companies and launched an anti-dumping investigation into imports of medical CT tubes from the U.S. and India.
UPDATE—April 4, 2025: This article has been updated to include other countermeasures announced by China Friday.
