In a dramatic addition of trade tensions, China An announced 84% tariff In all imports from the United States, effective from April 10, 2025, according to the Ministry of Finance of the People’s Republic of China.
The move came to a direct response to the US which adds its own tariffs to Chinese exports from 34% to just 84% a day before.
The State Council’s Tariff Commission, under China’s financial ministry, described US actions as “unilateralism” and “economic oppression,” accusing Washington of violating international trade rules and destroying the stability of the economic stability.
Noted by national laws and international principles, China emphasized its legal basis for revenge, urging the US to cancel the so -called “wrong skill” and return to the negotiation table.
The war of this tariff marks a new low in US-China trade relations, along with both sides imposing near tariffs that slow down each other’s goods. The global markets are rapidly reacting to the news – the bitcoin (BTC), often seen as a fence against geopolitical chaos, fell below $ 76,000.
