While retaliating the tariff imposed by the US, China has also imposed 34 percent tax on US products on Friday (April 4, 2025). US President Donald Trump’s response has now come to light on the tariff imposed by China. Donald Trump has said through a post on Truth social that China is nervous and is taking wrong steps.
President Donald Trump cited the opportunity to become rich, rejecting the panic of the stock market at the growing world trade war. Trump said in his post that China has panicked and taken wrong steps. This is something that they cannot tolerate.
Stock markets around the world earthquake, billions become self
On April 2, 2025, Donald Trump had imposed tariffs on several countries including India-China, announcing America’s liberation day. After this, there was a stir in the stock markets around the world. Not only India, but also the stock market of America declined for the second consecutive day. Because of this, investors have lost billions of rupees.
On Friday, China, giving a befitting reply to Trump’s tariff, was announced to impose an additional fee on US products. According to government news agency Xinhua, these fees will be applicable from April 10. China has also filed a complaint with the World Trade Organization (WTO) regarding the imposition of ‘counter -duty’ on trade partners on behalf of the US.
Products of 16 American companies levied
The Ministry of Commerce said that China has also decided to ban the export of dual -use items to 16 American companies. After the announcement of Donald Trump’s tariff, the total fee on China’s goods on entering the US increased to 54 percent. In his election campaign, Trump had asked to impose 60 percent tariffs on China, this figure is almost close to it.
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China gives a befitting reply to Trump’s tariff, 34 percent tax imposed on American products
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