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China Enacts 34% Tariffs on All U.S. Products Amid Trade Tensions

China will levy a 34% tariff on all U.S. imports starting April 10, mirroring a recent tariff imposed by the U.S. Additionally, controls on rare earth exports are being heightened, and the Chinese government has suspended chicken imports from two U.S. suppliers due to safety concerns. A lawsuit is being filed with the WTO to contest these tariffs.

On April 10, China will implement a 34 percent tariff on all imports from the United States. This decision aligns with the reciprocal tariff imposed by U.S. President Donald Trump earlier this week, which also stands at 34 percent. Reports from News.Az indicate that this measure is highly reactive in nature, responding directly to U.S. trade policies.

In conjunction with the tariffs, the Chinese Commerce Ministry announced increased export controls on rare earth materials, essential for manufacturing high-tech products like computer chips and electric vehicle batteries. Specific minerals, including samarium, which is utilized in aerospace and arms production, and gadolinium, known for its application in MRI technology, will be regulated more strictly.

The Chinese customs administration has also suspended imports of chicken from two American suppliers, Mountaire Farms and Coastal Processing, due to the detection of furazolidone, a banned drug in China. Furthermore, 27 companies have been newly subjected to trade sanctions or export controls, with 16 facing restrictions on the export of dual-use goods.

In light of these actions, China has lodged a complaint with the World Trade Organization (WTO) regarding the tariffs. The Ministry of Commerce stated, “The U.S. imposition of so-called ‘reciprocal tariffs’ seriously violates World Trade Organisation rules, seriously damages the legitimate rights and interests of WTO members…” Furthermore, it condemned the tariffs as unilateral bullying that disrupts global trade stability.

President Trump expressed that China has miscalculated its response, commenting on his platform Truth Social that he believed China had “panicked” in reaction to the tariffs imposed by the U.S.

In summary, China’s announcement of a 34 percent tariff on all U.S. imports is a direct response to similar actions by the United States. Alongside this tariff, China is tightening controls on key rare earth materials and has halted chicken imports from specific American suppliers. Furthermore, the Chinese government has initiated a lawsuit at the WTO to address what it perceives as violations of trade rules by the U.S. President Trump has indicated that China’s reaction demonstrates a state of panic regarding the evolving trade situation.

Original Source: news.az

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