China announces 34% retaliatory tariffs on US imports

Saturday, 5 April 2025 01:23 - - {{hitsCtrl.values.hits}}

Financial Times: CHINA has announced it will impose additional tariffs of 34% on imports from the US in retaliation for duties of the same amount unveiled by President Donald Trump this week as part of his aggressive trade agenda.

The Commerce Ministry said yesterday that the tariff would be imposed on all imported goods originating from the US from 10 April.

Levies on Chinese exports are set to rise to more than 60% after the US President announced “reciprocal” tariffs of 34% that come on top of existing tariffs.

Beijing denounced the new US duties as “a typical unilateral bullying move” that “does not comply with the rules of international trade and seriously damages the legitimate rights and interest of China.”

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.