{"id":178916,"date":"2025-04-09T13:43:59","date_gmt":"2025-04-09T13:43:59","guid":{"rendered":"https:\/\/peraltafinancing.com\/apple-2\/china-retaliates-with-additional-50-percent-tariff-on-us-goods\/"},"modified":"2025-04-09T13:43:59","modified_gmt":"2025-04-09T13:43:59","slug":"china-retaliates-with-additional-50-percent-tariff-on-us-goods","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=178916","title":{"rendered":"China retaliates with additional 50 percent tariff on US goods"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">Hours after Donald Trump\u2019s latest tariffs came into effect, China has announced retaliatory measures: an additional 50 percent tariff on US goods, on top of a planned 34 percent charge, and adding a further 12 US companies to its export control list.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">\u201cThe US\u2019s practice of escalating tariffs on China is a mistake on top of a mistake, which seriously infringes on China\u2019s legitimate rights and interests and seriously damages the rules-based multilateral trading system,\u201d the country\u2019s Tariff Commission <a href=\"https:\/\/gss.mof.gov.cn\/gzdt\/zhengcefabu\/202504\/t20250409_3961684.htm\">said in a statement<\/a>.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">Last week <a href=\"https:\/\/www.theverge.com\/news\/643215\/china-us-tariffs-34-percent-reciprocal-trump\">China announced<\/a> a 34 percent tariff on goods imported from the US, matching the rate that the US would impose on Chinese goods. <a href=\"https:\/\/www.theverge.com\/business\/644554\/trum\">Trump took that badly<\/a>, adding an additional 50 percent levy, which China is now matching in return. The new US tariffs on China, and other countries around the world, <a href=\"https:\/\/www.theverge.com\/news\/645215\/trump-us-tariffs-china-eu\">took effect today<\/a>, with the 84 percent rate added onto existing 20 percent tariffs for a total of 104 percent. China\u2019s 84 percent levy on US goods will come into force tomorrow, April 10th. <\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">In addition to the elevated tariffs, China has <a href=\"https:\/\/www.mofcom.gov.cn\/zwgk\/zcfb\/art\/2025\/art_c6b190344a154e6f831e0fdfc190e41e.html\">added 12 US companies<\/a> to its export control list, joining 16 additions from last week. That move bans the export of dual-use items \u2013 anything that can be used for both civilian and military purposes \u2013 to those companies.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Hours after Donald Trump\u2019s latest tariffs came into effect, China has announced retaliatory measures: an additional 50 percent tariff on US goods, on top of a planned 34 percent charge, and adding a further 12 US companies to its export control list. \u201cThe US\u2019s practice of escalating tariffs on China is a mistake on top [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":178917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11768],"tags":[21172,6618,11300,1820,8781,11572,6692,70888,11677],"dealstore":[],"offerexpiration":[],"class_list":["post-178916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apple-2","tag-additional","tag-china","tag-goods","tag-news","tag-percent","tag-policy","tag-politics","tag-retaliates","tag-tariff"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - 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