Day after Trump’s tariff order, China hits back with 34% tariffs on all US products, ‘blocks’ 16 American entities | World News
China on Friday piled on additional tariffs of 34 per cent on all US goods entering the country, ratcheting up trade tensions a day after United States (US) President Donald Trump announced import taxes on countries across the globe. This was the first tariff response any ally or adversary of the US, raising risks of an all-out global trade war.
While announcing its retaliatory tariffs, China’s State Council Tariff Commission said the US actions were “not in line with international trade rules, seriously undermines China’s legitimate rights and interests, and is a typical unilateral bullying practice”.
Beijing also revealed plans to add 16 US entities to an export control l and classify 11 others as “unreliable” entities.
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“The purpose of the Chinese government’s implementation of export controls on relevant items in accordance with the law is to better safeguard national security and interests, and to fulfill international obligations such as non-proliferation,” the Commerce Minry said in a statement.
President Trump had on Wednesday announced an additional 34 per cent reciprocal tariffs in addition to the exing 20 per cent duties on all Chinese imports. Since returning to power in January, he had already imposed two rounds of 10 per cent additional tariffs, which the White House justified as a measure to combat illicit fentanyl exports from China.
China had previously responded with moderate retaliatory tariffs, targeting US agricultural products, fuel, and select American firms, while strengthening its export controls.
Despite the growing economic clash, Trump in his Rose Garden briefing acknowledged his respect for Chinese President Xi Jinping, stating: “I have great respect for President Xi, great respect for China, but they were taking tremendous advantage of us. They understand exactly what’s happening and … they’re going to fight.”
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