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China imposes retaliatory 34% tariff on imports of all US goods

China imposes retaliatory 34% tariff on imports of all US goods
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Yesterday, 15:57

China's move comes in response to US tariffs, totalling 34% on Chinese goods, announced by Washington this week.
China announced on Friday that it would impose a 34% tariff on imports of all US products beginning on 10 April, part of a flurry of retaliatory measures following US President Donald Trump’s "Liberation Day" slate of double-digit tariffs.

The new levy matches the rate of a 34% US "reciprocal" tariff on Chinese exports that Trump ordered this week.