China imposes 84% tariffs on US goods

China’s Ministry of Finance has announced additional tariffs of 84% on all products imported from the United States. The duties will go into effect on Thursday, April 10, starting at 12:01 am US local time, IPN reports.

The additional tariffs from Beijing come as the 104% US tariffs on China’s imports from the US went into effect today.

At the same time, the Chinese Ministry of Commerce added 12 US entities to the export control list and six US entities to the “unsafe entities” list, Reuters reports.

Shortly afterward, US President Donald Trump came out with a reaction on social media: ‘it’s a great time to move your company to the US, as Apple and many others are doing in record numbers’.

Photo source: china-briefing.com

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China imposes 84% tariffs on US goods

China’s Ministry of Finance has announced additional tariffs of 84% on all products imported from the United States. The duties will go into effect on Thursday, April 10, starting at 12:01 am US local time, IPN reports.

The additional tariffs from Beijing come as the 104% US tariffs on China’s imports from the US went into effect today.

At the same time, the Chinese Ministry of Commerce added 12 US entities to the export control list and six US entities to the “unsafe entities” list, Reuters reports.

Shortly afterward, US President Donald Trump came out with a reaction on social media: ‘it’s a great time to move your company to the US, as Apple and many others are doing in record numbers’.

Photo source: china-briefing.com

📢 IPN is on Google News. Subscribe!

The President of the European Commission, Ursula von der Leyen, stated today that the European Union is postponing 25% customs tariffs on products from the United States of America for a period of 90 days, IPN reports.

„We want to give negotiations a chance”, von der Leyen said in a post on social media, announcing the suspension of US tariffs worth approximately 21 billion euros for 90 days.

The announcement by the community bloc came following the decision yesterday, April 9, by US President Donald Trump to postpone customs duties for three months and apply a reduced tariff of 10% for at least 75 countries, including the Republic of Moldova.

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1 IANUARIE, 2025
1 IANUARIE, 2025
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