China imposes a 34% retaliatory tariff on the United States, "an industry has been severely impacted"! Angrily suing the United States at the WTO.
- byVic

讀後心得
China recently announced a 34% retaliatory tariff on all American imported goods, which will take effect on April 10, in response to the United States' corresponding tariffs. The State Council of China criticized the U.S. tariff measures as violations of international trade rules and has filed a complaint against the U.S. with the World Trade Organization. Following this news, U.S. stock futures immediately fell sharply, indicating that the trade war's impact on the global financial market is intensifying.
China announced on the 4th that it will impose a retaliatory tariff of 34% on all imported goods from the United States, effective April 10, in response to America's reciprocal tariffs. The State Council of China strongly criticized Trump's tariff measures as violations of international trade rules and has filed a complaint with the World Trade Organization (WTO). Following the announcement, U.S. stock futures immediately experienced significant declines.
In response to the 34% tariff imposed by the U.S., China announced on the 4th that it will also apply the same tariff on all imported goods from the United States, starting on the 10th. According to foreign media reports, these tariffs will harm the U.S. economy, particularly impacting farmers in the heartland region the most. The main products imported by China from the United States are soybeans. Analysts believe that the timing of the announcement on Friday evening, during the Qingming holiday, demonstrates Beijing's firm stance and carries undertones of signaling and domestic propaganda.
In its announcement, the State Council of China accused the U.S. reciprocal tariffs of violating international trade rules, describing them as typical unilateral bullying behavior. China called on the U.S. to immediately retract its unilateral tariff measures and to resolve the trade dispute through negotiation. Meanwhile, after the news of China's retaliatory tariffs, U.S. stocks and futures markets suffered further sharp declines, marking the worst day in five years, as global financial markets continued to be shaken and fall due to the trade war.