Beijing hits back at US with 34% import tariffs

https://www.rt.com/news/615233-china-us-import-tariffs/

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The move follows President Donald Trump’s “reciprocal” duties on all Chinese goods

China will impose a 34% tariff on all imports from the US starting April 10, the country's Finance Ministry announced on Friday. The decision follows US President Donald Trump’s announcement of a 34% levy on Chinese goods in the latest escalation of a tariff war.

Beijing’s announcement comes after the Ministry of Commerce condemned the US tariffs, denouncing them as “unilateral bullying.”

Trump on Wednesday rolled out a broad new slate of tariffs ranging from 10% to 49% on imports from all countries, based on what the US president called the principle of reciprocity.

China – labeled one of the “worst offenders” by Trump – was hit with a new 34% tariff on its exports to the US, on top of an existing 20% levy, bringing total duties to at least 54%.

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