China Retaliates With 84% Tariffs on U.S. Goods Amid Trade War
In a significant escalation of the ongoing trade war, China has imposed retaliatory tariffs of 84% on a range of U.S. goods. This move comes in direct response to recent tariff hikes announced by the Trump administration. The Chinese Ministry of Commerce stated that these tariffs are aimed at protecting its domestic industries from what it perceives as unfair trade practices by the United States.
The announcement has sent shockwaves through global financial markets, with U.S. stocks faltering and bond prices cratering. Analysts are concerned that this could lead to further economic instability, as both nations continue to engage in a tit-for-tat tariff battle. The affected U.S. products include agricultural goods, automobiles, and electronics, which are expected to face significant challenges in the Chinese market.
Experts warn that the escalation could have broader implications for global trade, potentially leading to a slowdown in international commerce. The U.S. administration has yet to respond officially to China's latest move, but there is speculation that further retaliatory measures could be on the horizon. As tensions mount, the international community watches closely, hoping for a resolution to the trade dispute.
Related issues news
Does China have tariffs on US goods?
On April 9, 2025, The United States of America imposed a 125% tariff on Chinese goods, while China imposed a 84% tariff on American goods.
How much does China import US goods?
How much trade do they do? The trade in goods between the two economic powers added up to around $585bn (£429bn) last year. Though the US imported far more from China ($440bn) than China imported from America ($145bn).
Does China import from the USA?
What products does China import from the U.S.? China's top imports from the U.S. in 2023 were oilseeds and grains, followed by oil and gas. Oilseeds and grain exports fell by $7 billion from 2022 to 2023, and could fall even more substantially under the current tit-for-tat tariff spat between the U.S. and China.
Does Ukraine have tariffs?
Ukraine imposes several duties and taxes on imported goods: customs/import tariffs, value-added tax (VAT), and excise duties.
