INTERNATIONAL: Trade Tensions Escalate: China Slaps 34% Tariffs on All U.S. Goods
Beijing Responds to U.S. Tariffs with Force
In a significant escalation of the ongoing trade war, China announced a sweeping 34% tariff on all American goods, effective April 10.
The move comes in retaliation to the United States’ decision to impose identical tariffs on Chinese exports.
State Media Confirms the Decision
The announcement, reported by China’s state-run Xinhua news agency, signals Beijing’s firm stance against Washington’s latest protectionist measures.
The decision marks one of the most aggressive responses yet in the tense economic standoff between the world’s two largest economies.
Rare Earth Export Controls Tightened
In addition to tariffs, Beijing revealed plans to strengthen export controls on rare earth materials—critical components used in manufacturing semiconductors, electric vehicle batteries, and advanced electronics. These strategic restrictions could significantly impact global supply chains, especially for high-tech industries.
Sanctions on 27 U.S. Firms Announced
China’s Commerce Ministry also unveiled a sanctions list targeting 27 American companies. Among these, 16 firms will face strict bans on exports of “dual-use” technologies—goods with both civilian and military applications.
Notably, High Point Aerotechnologies, a U.S.-based defense tech company, and Universal Logistics Holdings, a key player in logistics and transportation, are on the list.
Legal Action at WTO Initiated
China has formally lodged a complaint against the United States at the World Trade Organization (WTO). In a sharply worded statement, Beijing condemned the U.S. tariffs as “a typical unilateral bullying practice” and accused Washington of violating international trade norms.
“The imposition of reciprocal tariffs by the U.S. violates WTO rules and damages the legitimate rights of member states,” China’s Ministry of Commerce stated.
Previous Tariffs Already in Play
Friday’s announcement follows earlier Chinese tariffs introduced in February, including:
- 15% tariff on U.S. coal and liquefied natural gas
- 10% tariff on American crude oil
- Duties on agricultural machinery and large-engine vehicles
All U.S. Products Affected
According to China’s State Council Tariff Commission, the new 34% duty will apply across the board to every product originating from the United States.
This marks a rare instance of blanket tariffs being levied by Beijing on a single country’s entire export portfolio.
Strategic and Economic Implications
The latest tit-for-tat measures underscore the deepening trade rift and raise concerns over broader geopolitical and economic consequences.
With both sides hardening their positions, analysts warn that businesses, consumers, and global markets may be caught in the crossfire.