China escalates trade war, imposes 34% duty on US imports after Trump's tariffs; files lawsuit with WTO
Friday, 4 April 2025 China will impose a 34% tariff on US imports from April 10, mirroring the US President's recent tariffs on Chinese goods. Additionally, China plans to strengthen export restrictions on rare earth elements and intends to challenge the tariffs at the WTO.
Trump's ‘Liberation Day': Donald Trump has officially declared April 2 as "Liberation Day," announcing sweeping tariffs that will impact all foreign nations. The White House insists these measures will "free the U.S. from reliance on foreign goods," but global markets are already reacting with...
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The US-China trade war heats up with China retaliating against Trump's new 34% tariffs on all Chinese imports. Key countermeasures include export controls, WTO... IndiaTimes
US President Donald Trump criticized China's decision to impose a 34% tariff on all US imports, claiming China 'panicked' in response to his recent trade... IndiaTimes
US President Trump indicated that the high tariffs on Chinese imports, currently at 145%, will be reduced substantially, emphasising that the previous... IndiaTimes