China Imposes 34% Tariffs on All US Goods From April 10
US President Donald Trump stirred the hornet’s nest after imposing sweeping tariffs on more than three dozen countries. The tariff announcement on April 2, dubbed Liberation Day is changing the landscape of global trade and commerce. Trump imposed 34% tariffs on China making it expensive for the Communist nation to conduct business in the US. However, the Xi Jinping administration hit back by imposing 34% reciprocal tariffs on all US goods from April 10. Also Read: Tesla (TSLA) vs Ford (F) Stock Battle — $487.93 Target Meets 25% Tariff Impact JUST IN: China to impose additional 34% tariff on US goods. — Watcher.Guru (@WatcherGuru) April 4, 2025 Reuters reported China’s Finance Ministry announced the imposition of an additional 34% tariff on all US goods as a countermeasure to Trump. Apart from China, many other countries are considering tit-for-tat measures to give a befitting reply to Trump’s trade policies. The global markets will be severely impacted by measures a...