China Mountaineers Tariffs on American goods at 84%, because the EU is also resting against Trump Tariff

China told Raises its tariffs to US products to 84%, which has been announced from the previously announced, after the import of President Trump in Chinese good entered into force Today at a rate of 104%.

Mr. Trump’s tariff numbers, relating to imports almost every nation, began after the midnight eastern time in the USA

Chinese announcement SI Signals Beijing is not supported in the Global Trade War induced by Mr. Trump’s decision on the collection of so-called “reciprocal tariffs” on almost every nation. In response to that announcement, China said that he would oppose the setting of the same duty – 34% in imports – to American imports, who encouraged Mr. Trump to slap another 50% of the tariffs in Chinese imports.

Together with the previously announced tariffs, Mr. Trump raised the total tariff rate on Chinese products at 104%, a fee that US companies will pay from China. These companies are likely to convey the costs of all or some import duties to American consumers, mountain prices at all, from IPhon to clothing made in China, according to experts.

In April 9. April, China said Mr. Trump’s decision called to add another 50% of the tariff as “mistake.” It is also called Mr. Trump’s tariffs as an example of “unilateral, protectionism and economic harassment”.

Latest measures on Wednesday from Beijing include adding 11 US companies to a list of so-called “unreliable entities” which would be bounded by Chinese companies by selling dual-use goods. Among the companies are American photonic and Synexxus, they both work with the US Army.

So far, China has not appeared interested in negotiating. “If they really want to resolve issues through dialogue and negotiations, the position of equality, respect and mutual benefits should be adopted,” said the spokesman of the Ministry of Foreign Affairs Lin Jian Wednesday.

China was the third largest export market market in 2023, after Canada and Mexico, with 145 billion dollars in goods delivered to the Asian nation of that year, toward to the US-Chinese business council. The oilsees and grains are top exports that are now sent to China, followed by oil and gas.

The EU is also striking

Separately, the European Union announced its own retail measures on Wednesday against American trade measures, the tariffs of more than $ 22 billion in American products, including soy, motorcycles and cosmetic products, according to AFP.

“The EU believes that American tariffs are unjustified and harm, causing the economic damage to both parties, as well as the global economy,” the European Commission said in the statement after the EU Member States approved measures.

The Trump Administration has imposed 25% of the tariffs for vehicles imported from the EU, along with 20% reciprocal imposed.