China Fires Back with 84% Tariffs on US Imports

 The people's Republic of China has once again pushed for retaliatory measures against United States President Donald Trump’s tariff policies by slamming 84% levies on  U.S. imports.

In an announcement translated by CNN, China’s Office of the Tariff Commission of the State Council declared that tariffs on U.S. goods will rise to 84% from 34% starting on April 10, 2025.

This development is a follow up on the latest U.S. tariff hike which increased levies on Chinese goods to more than 100% and has taken effect on Wednesday.

This trade war is pushing the brakes on global commerce as the escalating tariffs threaten to stall the world's two biggest economies 

According to the Office of the U.S. Trade Representative, the U.S. exported $143.5 billion of goods to China in 2024, while importing $438.9 billion of goods.

President Trump while announcing a drastic new tariff policy last week, warned other countries not to retaliate.

Some nations, including Japan have resolved to negotiate on tariffs, but, China appears to be taking a more daring response which economic experts have projected to have a far reaching effects on both economies if left unchecked.

After China’s initial response to the April 2 tariff rollout, Trump announced an additional 50% hike, putting the total level for import taxes on Chinese goods at 104%.

The U.S. had already imposed new tariffs on China before it rolled out its full trade policy in April.

Trump's administration has hit China, along with Canada and Mexico, with new levies earlier as part of what the government said was an effort to restrain fentanyl from entering the U.S.

The trade war's latest twists have sparked widespread concern among investors, with April's market volatility a worrying omen for the future of global trade and economic stability.