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2025-04-21

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China has imposed a 34% retaliatory tariff against the United States, resulting in "severe damage to a certain industry," and has angrily filed a complaint against the United States with the World Trade Organization.

China has imposed a 34% retaliatory tariff against the United States, resulting in
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China announced that starting from April 10, it will impose a 34% retaliatory tariff on all imports from the United States in response to the same tariff measures taken by the U.S. The State Council of China criticized the U.S. tariff actions as inconsistent with international trade rules and has filed a complaint against the U.S. in the World Trade Organization. Following this announcement, U.S. stock futures dropped significantly, indicating the ongoing impact of the trade war on the markets.

China announced on the 4th that it will impose a retaliatory tariff of 34% on all goods imported from the United States, with the measure set to take effect on April 10. This action is in response to similar retaliatory tariffs imposed by the United States. The State Council of China also expressed strong dissatisfaction with the U.S. tariff policy, criticizing it as inconsistent with international trade rules, and has filed a complaint against the United States under the dispute resolution mechanism of the World Trade Organization.

As soon as China's retaliatory tariffs were announced, U.S. stock futures plummeted significantly. This tariff measure was announced on the eve of the Qingming holiday, demonstrating Beijing's firm stance and carrying implications for public signaling and internal propaganda. According to foreign media reports, the largest imported product from the U.S. to China is soybeans, and this tariff policy will harm farmers in the agricultural heartland of the United States.

The State Council of China reiterated in its announcement that the U.S.'s equivalent tariff measures are unilateral bullying behavior, calling for the U.S. to immediately cancel these measures and for trade differences to be resolved through consultation. Following the news of the retaliatory tariffs, the U.S. stock and futures markets were immediately hit hard, marking the worst day in five years, with the market fluctuating continuously as the trade war escalates.