China Slaps 34% Tariff on U.S. Imports in Retaliation to Trump’s Latest Trade Move
Video Credit: Oneindia - Duration: 03:24s - Published
China Slaps 34% Tariff on U.S. Imports in Retaliation to Trump’s Latest Trade Move
China announced a 34% tariff on all U.S. imports, directly responding to President Donald Trump’s recent hike on Chinese goods.
With Trump’s additional 34% tariff and earlier 20% duties, U.S. tariffs on some Chinese goods now total at least 54%.
China condemned the move as “unilateral bullying” and a threat to global supply chain stability.
Both tariffs take effect next week, escalating tensions between the world’s top economies and renewing fears of a prolonged trade war affecting global markets.
Thailand-Cambodia War Breaking: During a visit to Scotland, Donald Trump revealed he had spoken with the leaders of Thailand and Cambodia, urging an immediate ceasefire amid rising border tensions. Trump warned both governments that continued conflict would halt any future U.S. trade deals. Under U.S. pressure, Cambodian and Thai leaders agreed to meet for peace talks. As the U.S. signals readiness to mediate, the region braces for possible diplomatic and economic fallout if hostilities continue.
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Donald Trump and J.D. Vance are hot on Barack Obama's tail, the current prez is saying in a wild new social media post showing him catching up on his predecessor.. TMZ.com
Another Gaza ceasefire deal has crumbled, with Hamas accusing former U.S. President Donald Trump and Israeli Prime Minister Netanyahu of undermining peace efforts. Hamas officials claim they were never informed of the U.S.-Israel decision to abandon indirect talks. Trump blamed Hamas for “acting in bad faith,” hinting at possible U.S. military action in Gaza. As rockets rain on Israel and IDF strikes continue, families of hostages and thousands of Palestinians lose hope for an end to the conflict. Netanyahu echoed Trump, vowing “alternative options” with U.S. backing.
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Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
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