On April 2, 2017, U.S. President Trump announced a 34% 'reciprocal tariff' on imported goods from about 60 countries, including China, aimed at reducing the U.S. trade deficit.
Lianhe Zaobao
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Radio France Internationale
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In response, the Tariff Commission of the State Council of China announced on April 4 that starting from 12:01 PM on April 10, 2025, a 34% tariff will be imposed on all imported goods originating from the United States, in addition to the existing applicable tariff rates.
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Tariff Department
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Radio Free Asia
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Additionally, the European Commission has proposed to impose a 25% tariff on a range of U.S. imported goods to counteract U.S. tariff policies.
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Eastmoney
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Radio France Internationale
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These tariff measures have triggered global trade tensions, which may impact the economic growth and inflation levels of the affected countries.