China to impose 34% tariff on all US imports

[Morphine Prince 109,645]

China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week, according to state news outlet Xinhua.

“China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and mutually beneficial manner,” Xinhua cited the finance ministry as saying in a Google-translated report.

The ministry further criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules” and “seriously” undermining Chinese interests, as well as endangering “global economic development and the stability of the production and supply chain.”

Source: https://www.cnbc.com/2025/04/04/china-to-impose-34percent-retaliatory-tariff-on-all-goods-imported-from-the-us.html

 

[Pink Eye 4,464]

U.S downfall in real time due to dumbness is crazy to witness

[Bronco 24,761]

And for a 2nd day, stock markets are in free fall

[River 127,313]

We’re stanning China now 

[FATCAT 60,886]

9 minutes ago, Bronco said:

And for a 2nd day, stock markets are in free fall

If it hits 4% again today, Congress will step in most likely.

[GipJo 2,912]

30 minutes ago, Brazilwood said:

U.S downfall in real time due to dumbness is crazy to witness

Tbh, US is on a downward trajectory for quite some time now, they don't invest in people, meanwhile China continues to do so. Trump just accelerates it.

[misha4ever 2,077]

[RenegAde 20,520]

the way world politics is giving real housewives reunion these days 

[FATCAT 60,886]

6 minutes ago, RenegAde said:

the way world politics is giving real housewives reunion these days 

Well, Trump was a reality tv star 

[Morphine Prince 109,645]

28 minutes ago, Bronco said:

And for a 2nd day, stock markets are in free fall

Trump is liberating us from our investments and retirement accounts. 

[Flareon Voyager 379]

18 minutes ago, FATCAT said:

If it hits 4% again today, Congress will step in most likely.

Dow Futures at around -1300 points/3.4% before open today. You may get your wish. 🥹

[FATCAT 60,886]

1 minute ago, Flareon Voyager said:

Dow Futures at around -1300 points/3.4% before open today. You may get your wish. 🥹

It's inevitable if they don't reverse the tarriffs, whether its today or stretched out the next week slowly

[Bronco 24,761]

25 minutes ago, FATCAT said:

If it hits 4% again today, Congress will step in most likely.

I'm not convinced the GOP has enough spine to move against Trump. 

Unless the funders pay them to do so. 

What's interesting is the MAGA sphere is increasingly trying to argue Nations should line up and be first in line to make a deal. And they only started doing this after countries started talking to eachother about coordinating responses to the USA rather than going direct to the US. 

[Bronco 24,761]

China's just announced 16 US entities are being added to it's export control list (aka banned from exporting from China). 11 foreign entities on its "unreliable entity" list which allows it to take action against them. And suspended export qualifications for 6 US companies. 

It's also placed export controls on 7 rare elements which are used in consumer electionics, preventing their sale to the US. 

We're rapidly approaching global stock market crash territory. 

[FATCAT 60,886]

4 minutes ago, Bronco said:

Unless the funders pay them to do so. 

Bingo, that's exactly why they'll step in.