Starting April 10, China Imposes 84% Tariff on US Goods.<\/p>\n
China Hits Back with Major Tariff Surge as US Trade Tensions Mount<\/p>\n
China has announced a dramatic increase in tariffs on a wide range of U.S. products, raising the rate to 84% starting Thursday \u2014 a steep climb from the previously declared 34%. This decision follows the U.S. government\u2019s move to impose a hefty 104% tariff on Chinese goods, as confirmed by China\u2019s Ministry of Finance on Wednesday.<\/p>\n
This latest tariff hike is seen as a direct countermeasure to President Donald Trump\u2019s sweeping trade sanctions, which are part of a broader strategy targeting 60 countries. In response, Chinese officials have vowed to protect their national interests with \u201cstrong and decisive\u201d actions. Foreign Ministry spokesperson Lin Jian, during a routine press briefing, condemned the U.S. approach, accusing Washington of leveraging tariffs as a form of pressure and referring to it as \u201chegemonic behavior.\u201d He emphasized that China would not allow its sovereignty or development to be undermined.<\/p>\n
The exchange of sharp words and retaliatory actions reflects the growing friction between the world’s two largest economies. Earlier in the day, China formally addressed the World Trade Organization (WTO), criticizing the U.S. tariffs as destabilizing and contrary to global trade rules. In its statement to the WTO, later shared by its mission in Geneva, Beijing expressed deep concern, calling the U.S. move reckless and harmful. China argued that such retaliatory policies won\u2019t resolve trade disparities and are likely to backfire economically on the U.S.<\/p>\n
The rising tensions have sparked concerns globally, with experts cautioning that the situation could trigger a new recession in the U.S. The trade clash has rapidly escalated, especially after President Trump announced the 104% tariff \u2014 which followed prior increases of 34% and another 50%, each in response to China’s retaliatory steps.<\/p>\n
Trump initially imposed a 10% blanket tariff on Chinese imports earlier this year, citing Beijing\u2019s alleged role in fueling illegal immigration and enabling the fentanyl crisis in the U.S. The administration later doubled those rates, further shaking financial markets and worsening bilateral ties.<\/p>\n