China said on Friday it would slap 34% tariffs on all imports of U.S. goods from April 10 after Washington imposed steep new levies on Chinese products.
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Containers stacked at Yantai Port International Container Terminal in Yantai city, Shandong province,Chinaon April 3, 2025. Photo by Reuters |
“For all imported goods originating from the U.S., an additional tariff of 34% on top of the current applicable tariff rate will be imposed,” Beijing’s finance ministry said.
Beijing’s Commerce Ministry also imposed export controls on seven rare earth elements, including gadolinium — commonly used in magnetic resonance imaging — and yttrium, which is used in consumer electronics.
China will also file a lawsuit with the World Trade Organization (WTO) over tariffs, the ministry said.
U.S. President Donald Trump imposed 10% levies on imports from around the world and harsh extra duties on key trading partners this week.
Trump unveiled particularly stinging tariffs of 34% on China, one of its largest trading partners, on top of existing levies.
China swiftly vowed “countermeasures” to protect its rights and interests.
