China hits back at Trump with double-digit tariffs on US goods as global stocks plunge

China announced Friday that it would impose a 34 percent tariff on imports of all US products starting April 10, part of a flurry of countermeasures following US President Donald Trump’s slate of new tariffs. Meanwhile, global stocks tumbled for a second day.

Apr 4, 2025 - 10:00
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China hits back at Trump with double-digit tariffs on US goods as global stocks plunge
China announced Friday that it would impose a 34 percent tariff on imports of all US products starting April 10, part of a flurry of countermeasures following US President Donald Trump’s slate of new tariffs. Meanwhile, global stocks tumbled for a second day.
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