China strongly counters Trump's tariff "bullying" and announces a 34% tariff increase
author: Ann
2025-04-07
The international trade field has suddenly changed. China has launched a fierce counterattack against the "bullying" tariffs launched by the Trump administration, which has attracted great attention from the world.
On the same day, China announced that it would impose a 34% punitive tariff on all imported goods originating from the United States from next week. Previously, the Trump administration had imposed a 34% tariff on Chinese goods, and the total tariff on some goods was as high as 54%. China's State Council Tariff Commission clearly stated that the US practice seriously violated international trade rules, seriously damaged China's legitimate rights and interests, and was a typical unilateral bullying behavior. The Ministry of Commerce of China also holds the same position and firmly opposes such unreasonable trade measures by the United States.
This tough counterattack by China is regarded as the strongest response to the trade war launched by the US leader so far. Craig Singleton, a senior researcher on China at the Washington think tank Foundation for Defense of Democracies, commented that if China's previous response was a precise "scalpel", then this time it was a decisive "show of sword", which fully demonstrated that China would not back down under the unreasonable pressure from the United States.
Regarding China's countermeasures, Russian expert Vladimir Shedalishev believes that this is a reciprocal response, and the tax rate is the same as that proposed by Trump. He pointed out that the metallurgical, chemical and automobile manufacturing industries in the United States may suffer significant losses. Natalia Milcakova, chief analyst at Global Liberty Financial, analyzed from a macroeconomic perspective that the impact on the US economy will be greater than that on the Chinese economy.
Milcakova explained that the United States is heavily dependent on China's supply of rare metals and rare earth metals. After China imposed tariffs, the cost of related industries in the United States will rise, which will inevitably lead to rising inflation in the United States. Moreover, after abandoning the US market, China can shift its exports to other markets such as the BRICS countries. She further analyzed that due to rising prices of electric vehicles, household appliances, smartphones, computers, microelectronics, clothing and footwear, and many other non-food commodities, the US inflation rate may return to 3% again in 2025. In addition, the United States also needs to face the problem of the destination of exports of agricultural products and other commodities.
The escalation of Sino-US trade frictions has impacted global financial markets and exacerbated the sell-off of global stock markets. How China-US trade relations will develop in the future and how the United States will respond to China's tough countermeasures have become the focus of global attention, and all parties are closely watching the further development of the situation.
On the same day, China announced that it would impose a 34% punitive tariff on all imported goods originating from the United States from next week. Previously, the Trump administration had imposed a 34% tariff on Chinese goods, and the total tariff on some goods was as high as 54%. China's State Council Tariff Commission clearly stated that the US practice seriously violated international trade rules, seriously damaged China's legitimate rights and interests, and was a typical unilateral bullying behavior. The Ministry of Commerce of China also holds the same position and firmly opposes such unreasonable trade measures by the United States.
This tough counterattack by China is regarded as the strongest response to the trade war launched by the US leader so far. Craig Singleton, a senior researcher on China at the Washington think tank Foundation for Defense of Democracies, commented that if China's previous response was a precise "scalpel", then this time it was a decisive "show of sword", which fully demonstrated that China would not back down under the unreasonable pressure from the United States.
Regarding China's countermeasures, Russian expert Vladimir Shedalishev believes that this is a reciprocal response, and the tax rate is the same as that proposed by Trump. He pointed out that the metallurgical, chemical and automobile manufacturing industries in the United States may suffer significant losses. Natalia Milcakova, chief analyst at Global Liberty Financial, analyzed from a macroeconomic perspective that the impact on the US economy will be greater than that on the Chinese economy.
Milcakova explained that the United States is heavily dependent on China's supply of rare metals and rare earth metals. After China imposed tariffs, the cost of related industries in the United States will rise, which will inevitably lead to rising inflation in the United States. Moreover, after abandoning the US market, China can shift its exports to other markets such as the BRICS countries. She further analyzed that due to rising prices of electric vehicles, household appliances, smartphones, computers, microelectronics, clothing and footwear, and many other non-food commodities, the US inflation rate may return to 3% again in 2025. In addition, the United States also needs to face the problem of the destination of exports of agricultural products and other commodities.
The escalation of Sino-US trade frictions has impacted global financial markets and exacerbated the sell-off of global stock markets. How China-US trade relations will develop in the future and how the United States will respond to China's tough countermeasures have become the focus of global attention, and all parties are closely watching the further development of the situation.
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