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China strikes back: 34% tariffs on US goods, 27 American companies hit with restrictions

Joanna Huang, Taipei; Joseph Chen, DIGITIMES Asia Friday 4 April 2025 0

China's Commerce Minister Wang Wentao. Credit: DIGITIMES

The US President Trump announced a reciprocal tariff rate, imposing an additional 34% tariff on China, effective April 9. In response, China declared on April 4 that it would also impose a retaliatory 34% tariff on US imports, effective at noon on April...

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