China Retaliates With 34% Tariff on US Imports

KEY TAKEAWAYS

• China hit back on President Donald Trump's tariffs, announcing it would impose a 34% duty on all goods imported from the U.S.
• China's finance ministry on Friday said the countermeasures would take effect on April 10.
• Along with the 20% tax Trump imposed earlier in the year to combat fentanyl trafficking, China now faces a total of 54% in U.S. tariffs. 

China hit back on President Donald Trump's tariffs, announcing it would impose a 34% duty on all goods imported from the U.S.

China's finance ministry on Friday said the countermeasures would take effect on April 10. The levy matches the 34% import duty the White House said it would impose on Chinese products slated to go into effect no later than April 9. Along with the 20% tax Trump imposed earlier in the year to combat fentanyl trafficking, China now faces a total of 54% in U.S. tariffs. 

Beijing said Trump's tariffs were "inconsistent with international trade rules, seriously undermines China's legitimate rights and interests, and is a typical unilateral bullying practice."

The ministry of finance said U.S. "goods that have been shipped from the place of departure before 12:01 on April 10, 2025 and imported between 12:01 on April 10, 2025 and 24:00 on May 13, 2025 will not be subject to the additional tariffs."

China also unveiled export bans on seven types of rare earths, expanding the minerals it is barring from being sold to the U.S., according to the state-run Xinhua News Agency. It also expanded its “unreliable entity list” by 11 American companies and launched an anti-dumping investigation into imports of medical CT tubes  from the U.S. and India.

UPDATE—April 4, 2025: This article has been updated to include other countermeasures announced by China Friday.

Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com