China raises tariffs on US goods to 84%

The new rate will come into force on April 10

China has responded to the United States’ latest moves by raising tariffs on American imports to 84%. This is stated in the announcement of the Commission on Customs Tariffs under the State Council of the People’s Republic of China.

As noted, the additional tariff rate on imports from the United States will be adjusted from 34% to 84%. The new tariffs will come into force on April 10.

“The escalation of US tariffs against China adds mistake to mistake, seriously violates China’s legitimate rights and interests, and undermines the rules-based multilateral trading system,” the statement said.

In addition, as reported by the Ministry of Commerce of China, China is filing a lawsuit with the World Trade Organization in connection with the latest tariff increase by the United States.

As a reminder, the US has raised tariffs on imports from China from 54% to 104%. Duties at this rate will be levied starting from April 9.

The US had previously imposed 54% tariffs on imports of Chinese goods, a combination of a 20% preliminary tariff and 34% announced as part of a wave of reciprocal tariffs for dozens of countries. After Trump threatened an additional 50% tariff, China said it would “fight to the end” and take countermeasures to protect its own interests.

As GMK Center reported earlier, on April 2, Donald Trump announced the introduction of large-scale tariffs against trading partners. Thus, the minimum basic tariff on imports from all countries will be 10%, which came into effect on April 5 this year. In addition, starting April 9, individual reciprocal higher duties will be introduced for countries with which the United States has the largest trade deficit.