From Yahoo Finance: 2025-04-04 06:35:00

China retaliates against U.S. tariffs with a 34% tariff on all American products from April 10, matching U.S. reciprocal tariff. They also impose more export controls on rare earths like samarium and gadolinium, suspend imports of chicken due to banned drug, and add 27 firms to trade sanctions lists.

In response to the U.S., China files a lawsuit with the WTO, launches anti-monopoly investigation into DuPont China, and anti-dumping probe into X-ray tubes. Previous tariffs imposed in February include 15% on coal and LNG, 10% on crude oil, machinery, and cars. Dozens of U.S. companies face controls on trade and investment.

The latest tariffs apply to all U.S. products. While trade friction increases, U.S. and Chinese military officials hold talks to address concerns about maritime safety. Relations, while strained, show some cooperation in certain areas.



Read more at Yahoo Finance: China imposes a 34% tariff on imports of all U.S. products starting April 10