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China to impose 34% retaliatory tariff on all goods imported from the U.S. (www.cnbc.com)

submitted 5 days ago* (last edited 5 days ago) by [email protected] to c/[email protected]

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China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

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[–] [email protected] 25 points 5 days ago (1 children)

jokes on them ... how they gonna tariff empty shipping containers ?

[–] [email protected] 2 points 4 days ago (1 children)

China buys American food, I think.

[–] [email protected] 4 points 4 days ago (1 children)

https://www.npr.org/2025/02/08/nx-s1-5288119/a-soybean-farmer-recalls-how-he-was-impacted-by-chinese-tariffs-in-trumps-first-term

[–] [email protected] 3 points 3 days ago (1 children)

Farmers are super stressed and are at a higher risk of suicide. Voting for the Donvict was a sure way to make farming more stressful. Not only does the wealthy brat from the big city see you as a mark to exploit, he really doesn't actually care about you losing all your export customers and losing your farm. He's busy golfing at taxpayers' expense.

[–] [email protected] 2 points 3 days ago

they did during the soybean tariffs, most of them lost thier farms, or suicided. After things was lifted, China had no need to source soybeans from america anymore.