China to impose additional 34% tariff on all U.S. imports

On April 4, China’s Ministry of Finance (MOF) stated that as the U.S. government announced the imposition of “reciprocal tariffs” on Chinese imports on April 2, the Chinese government has decided to impose an additional 34% tariff on all U.S. imports based on the current applicable tariff rates, starting 12:01 on Apr....

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