China announced a 34% tariff on all U.S. imports Friday, intensifying trade tensions between the two largest global economies.
The decision followed President Donald Trump’s move two days earlier to impose an identical tariff on all Chinese imports, citing it as part of a broader strategy of reciprocal tariffs aimed at multiple U.S. trade partners. Including an additional 20% in tariffs Trump has levied since taking office in January, the total tariff on some Chinese products now exceeds 54%. China called on the Trump administration to cancel the tariffs and resolve trade issues through dialogue based on equality, respect, and reciprocity. In a statement, the Chinese Ministry of Finance condemned the U.S. tariff, calling it a violation of international trade rules and labeling it “unilateral bullying” that harms both U.S. and Chinese interests while threatening global economic growth and supply chain stability.
China’s new tariffs on American goods will take effect next Thursday, while the U.S. tariffs are set to begin Wednesday.
