Trump’s Trade War Escalates as China Retaliates With 34% Tariffs

Written by on April 4, 2025

China has struck back at President Trump.

On Friday evening in Beijing, in a rapid-fire series of policy announcements including 34 percent across-the-board tariffs, China showed that it has no intention of backing down in the trade war that Mr. Trump began this week with his own steep tariffs on imports from around the world.

China’s Finance Ministry said it will match Mr. Trump’s plan for



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