RawDiary

China Retaliates – 34% Tariffs Slam U.S. Imports

China imposes a 34% reciprocal tariff on all U.S. imports in retaliation for Trump's trade war, signaling a major escalation in the ongoing economic battle with potential far-reaching impacts on global markets.

24 Hours China has escalated the trade war by imposing 34% tariffs on U.S. imports, rattling global markets as stock indices plunge. U.S. security agencies are in upheaval with top officials fired and a Pentagon probe launched over Signal communications. South Korea ousted President Yoon amid martial law controversies, while union workers applaud Trump’s tariff play despite rising consumer prices. Global powers including Canada and Poland retaliate with countermeasures. Legal challenges and congressional battles intensify as Trump defends his aggressive policies. Diplomatic tensions and economic fallout are mounting. Global crises intensify as leaders clash and reforms loom.

Number 34% - China’s imposed tariff rate

Quote "Tariffs are a double-edged sword," — Sen. Ron Johnson