US’s tariffs, when combined with previous levies, raise import tax on Chinese products to 54%
China announced Friday that it will impose a 34% tariff on imports of all US products beginning April 10 as a retaliatory measure following America’s reciprocal tariff of 34% on imports from the Southeast Asian country.
US’s tariffs, when combined with previous levies, raise import tax on Chinese products to 54%.
Trump criticized China’s retaliation, saying on his Truth Social platform that “China played it wrong, they panicked.”