
China Hits Back: Imposes 34% Tariffs on All U.S. Products in Major Retaliation
In a bold move that signals towards a sharp escalation in trade tensions, China has announced a 34% tariff on all U.S. imports, Starting April 10, 2025. This is the first major retaliatory action against President Donald Trump’s recent tariff hikes on Chinese products. The move is expected to have widespread economic implications, straining relations…