China hits back at Trump with 34% tariff on U.S. imports
The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.
Combined with 20% in other tariffs Trump has imposed on Chinese goods since returning to office in January, the total U.S. tariff on some Chinese goods is at least 54%.
China, one of the largest U.S. trade partners, urged the Trump administration to immediately cancel the tariffs and “resolve trade disputes through consultations in a manner of equality, respect and reciprocity.”
Combined with 20% in other tariffs Trump has imposed on Chinese goods since returning to office in January, the total U.S. tariff on some Chinese goods is at least 54%.
China, one of the largest U.S. trade partners, urged the Trump administration to immediately cancel the tariffs and “resolve trade disputes through consultations in a manner of equality, respect and reciprocity.”
The latest U.S. tariff “does not comply with international trade rules, seriously harms China’s legitimate rights and interests, and is a typical act of unilateral bullying,” the Chinese Ministry of Finance said in a statement. “It not only damages U.S. interests but also endangers global economic development and the stability of supply chains.”
China’s tariff on U.S. goods takes effect next Thursday, officials said. The new U.S. tariff on Chinese goods takes effect on Wednesday.
NBC NEWS
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