The trade war between the US and China continues to escalate as the two economic giants exchange blows through tariffs on imported goods. In response to US President Donald Trump’s decision to impose a 104% tariff on all Chinese goods entering the US, China has retaliated by announcing an additional 84% tariff on all goods imported from the US.
China’s finance ministry made the announcement, stating that the new tariffs will take effect from 12:01 CST on 10 April. This move is seen as a direct response to the Trump administration’s aggressive trade policies, which have sparked fears of a global trade war.
The ongoing trade tensions between the US and China have rattled markets and raised concerns about the impact on businesses and consumers. Both countries have been locked in a tit-for-tat trade dispute, with tariffs being imposed on a wide range of products, from electronics to agricultural goods.
The situation remains fluid as both sides continue to engage in negotiations to try to reach a resolution. However, the imposition of new tariffs by China highlights the deepening rift between the world’s two largest economies.
As the trade war shows no signs of abating, the global economy faces uncertainty and potential disruptions. The repercussions of these tariffs could have far-reaching effects on businesses, consumers, and the broader international trade landscape.
Watch the video by BBC News
Video “China imposes 84% tariffs on the US | BBC News” was uploaded on 04/09/2025 to Youtube Channel BBC News