China 84 % slaps, revenge definitions on American goods in response to Trump

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Chinese President Xi Jinping will attend the closure of the third session of the fourteenth National Congress (NPC) in the Great Hall of the People on March 11, 2025 in Beijing, China.

Lintao Zhang | Gety pictures

China returned again to the US President Donald TrumpLong -distance tariff policies on US imports of more than 80 %.

The definitions of American goods that enter China will increase to 84 % from 34 % from April 10, according to the translation of the Customs tariff committee office advertisement. This rise comes in response to an increase in the US tariff on Chinese goods to more than 100 % that started in the middle of the night.

China announces a 84 % reprisal tariff for American goods in response to Trump

The escalation of definitions threatens the definitions that reach the crushing of trade between the largest economists in the world. According to US Trade Representative OfficeThe United States exported $ 143.5 billion of goods to China in 2024, while products are imported of $ 438.9 billion.

The Trump administration announced a new tariff policy last week, and other countries have warned against revenge. Some countries, including Japan, seemed ready to negotiate the definitions, but it seems that China is taking a more difficult position and quickly announced the Contrav.

After China’s initial response to the tariff on April 2, Trump announced an additional increase by 50 %, putting the total level of import taxes on Chinese goods by 104 %.

“It is unfortunate that the Chinese in reality do not want to come and negotiate, because they are the worst criminals in the international commercial system,” said US Treasury Secretary Scott Bessens on Wednesday after China’s recent announcement. “They have the most unbalanced economy in the history of the modern world, and I can tell you that this escalation is a loser for them.”

The United States had already imposed a new tariff on China before offering its full trade policy in April. China, along with Canada and Mexico, was injured by new fees at the beginning of the second Trump term as part of what the administration said was an effort to Fintanel stopped From entering the United States

The trade war led to the dismay of investors all over the world by increasing the possibility of slow economic growth, high inflation and decrease in corporate profits, which sparked a sharp sale in April. On Tuesday, the S& P 500 ended its peak, putting the large US stock index in the bear market. South Korea The KOSPI index fell in the bear market On its own on Wednesday. The shares in Shanghai and Hong Kong also decreased sharply since the announcement of the American tariff on April 2.



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