China launched a major trade war reaction with 34% additional tariffs for US goods as retaliation for Trump’s 34% tax

China will soon apply 34 percent more tariffs to all American imports for retaliation for Donald Trump’s 34 percent tax.

Beijing today announced the most serious rise in a trade war with Trump, which nurtures a fear of stagnation and triggered a global stock market route.

The new tariff, which entered into force on April 10, matches the ‘mutual’ tariff ratio brought by Trump this week. Leviler already in addition to existing tariffs Imposed on US goods.

According to US trade representative data, US exports to China was $ 143.5 billion last year. Oil seeds and cereals, including soybean beans, machinery and aviation products, were the most exported to the country in America.

Last year, the United States imported $ 438.9 billion from China and with the best imports, including electrical and electronic equipment, machines, toys and plastics.

Beijing Ministry of Commerce also said that it will apply more export control to rare soils, which are used in high -tech products such as computer chips and electric vehicle batteries.

China has added 11 assets to the ‘unreliable asset’ list, which allows Beijing to take punishing actions against foreign organizations. The country also filed a lawsuit with the World Trade Organization (WTO) to sweep the US tariffs applied to exports.

Trump comes after a potentially devastating global trade war by applying 10 percent tax on imports from around the world and applying harsh extra tasks to key trade partners.

President Donald Trump offers explanations about tariffs at the White House on Wednesday

Beijing, this week, after applying new taxes to Washington’s Chinese products, he swore quickly ‘counter measures’ to protect his rights and interests.

“For all imported goods arising from the United States, an additional tariff of 34 percent will be applied for all imported goods arising from the US.” He said.

The Beijing Ministry of Commerce has brought export control to seven rare land elements, including Samarium, Gadolinium, Terbium, Dysprosium, Terbium, Lutetium, Scandium and YTTRİUM, on April 4th.

The Ministry of Commerce said in a statement, “ The purpose of the implementation of export controls on the relevant items in accordance with the law is to fulfill international obligations such as protecting national security and interests better and not foreseen, ” he said.

The Ministry of Commerce added: ‘China filed a lawsuit within the scope of the DTO dispute reconciliation mechanism.’

The Ministry of Commerce comes yesterday after publishing a statement that condemns US measures as ‘unilateral bullying action’.

Beijing called Trump management to remove tariffs ‘immediately’ and encouraged the US to solve the dispute through ‘fair and equal dialogue’.

Trump’s latest tariff increases on US imports forces countries and industries to fight to take part in potential uprisings in global trade.

Last year, the United States imported $ 438.9 billion from China and with the best imports, including electrical and electronic equipment, machines, toys and plastics. In the picture, there is a worker in a factory that produces steel machines for export in Hangzhou on February 21st.

Exports to the United States last year was 143.5 billion dollars. Oil seeds and cereals, including soybean beans, machinery and aviation products, were the most exported to the country in America. In the picture, there are a combine harvester, blends and cleaning soybeans that combine during a harvest in Ohio in 2022.

From Canada to China, Nations prepared retaliation in an increasing trade war after Trump has increased tariff barriers to the highest levels for more than a century this week.

While the world markets wandered on heavier losses today, Taiwan’s President Trump has promised to support the most vulnerable industries to the 32 percent tariffs given in the ‘Day of Liberation Day’.

Vietnam said Deputy Prime Minister would visit the US for trade talks.

Some, like the EU’s European Commission President, promised to fight while promising to develop the rule book for free trade.

Others said they hoped to negotiate for relief with the Trump administration.

In Japan, one of the best trade partners of America, Prime Minister Shigeru Ishiba said that tariffs create a ‘national crisis’ as a fall in banking shares today.

Investment Bank JP Morgan said that the chances of global economy to enter 60 percent by the end of the year increased to 40 percent before 40 percent.

The European Stock Exchange markets and global oil prices were concentrated this morning and investors caused the influence of Trump’s Onslaught.

Cargo transport containers have been stacked to the Thai Port authority in Bangkok today. Thailand faced significant economic repercussions that brought 36 percent of mutual tariffs to Thailand exports to the US after the ‘Day of Liberation’ announcement of President Trump.

The DAX index of Frankfurt’s blue chip companies fell up to five percent in the afternoon, while Paris fell four percent and London fell 3.8 percent.

Crude oil prices fell more than five percent, the international comparison has reached $ 66.64 per barrel after the Brent North Sea has reached the lowest level since December 2021.

India fell with a tariff ratio for Chinese exports and a tariff rate of less than 46 percent for Vietnam.

The Indian Ministry of Commerce is examining the opportunities that may arise due to this new development in US trade policy ‘. The Minister said that negotiations were held in a trade agreement, including the ‘deepening of supply chain integration’.

According to US data, the US was the largest trade partner of the new Delhi in 2024. They set an ambitious target that doubled the bilateral trade to $ 500 billion by 2030.

Most pharmaceuticals and other drugs are exempt from mutual tariffs, important exports to the United States. However, diamonds and other stones, another major export industry, are subject to higher tasks.

Farmers burned US President Donald Trump (C, Top) and Indian Prime Minister Narendra Modi during a protest on 4 April 2025 during a protest in Amritsar, and Trump’s new tariffs about imports to the United States imports from all over the world

People hold flags and signs while protesting Solidarity with Canada near the Canadian-US border crossing in New York on April 2

Most US trade partners stressed that negotiations can help solve trade friction with Washington.

In Italy, Premier Giorgia Meloni said that State TV believes that the United States believes that 20 percent of Europe is wrong about export, but ‘some of them are not disasters for doing so’.

The Meloni government planned to meet next week with the affected sector representatives to formulate plans.

Japan’s leader Ishiba and other governments said that they have prepared counter -measures to help industries to cope.

Similarly, the European Commission President Ursula von Der Leyen said that the EU was consulting how to give more ‘breathing’ with steel and automobile manufacturers, pharmaceutical companies and other industries.